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Foreclosure starts fall 42%: Hope Now

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About 290,000 foreclosure starts were reported in the third quarter – a decline of more than 10% compared to 323,000 recorded during the second quarter, and a decline of about 42% compared to the 499,000 recorded in the third quarter of 2012, according to HOPE NOW, a voluntary, private-sector alliance of mortgage servicers, investors, mortgage [.]

 · home & garden NY Foreclosure Auctions Jump In 2017: Report The state bucked a national trend; hudson valley officials hope it’s a sign that fewer communities will.

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HOPE NOW: 30K Loan Mods in February. April 19, 2017 . Phil Hall.. February also saw the number of foreclosure starts fall to approximately 49,000 from 55,000 in January and the number of foreclosure sales fall to approximately 22,000 from 26,000 in January. There were also approximately 1.33.

According to The New York Times, a study by Temple University’s Hope Center for College. other forms of debt are typically in place long before potential borrowers start looking at real estate.

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HOPE NOW also reported foreclosure sales nationwide in August increased 12 percent to 71,149, up from 63,527 in July. And foreclosure starts increased 14 percent to 187,941, compared with 164,593 in July. In the West, foreclosure starts have been on the decline.