November 2010 Foreclosure Report

ForeclosureRadar Reports

SIGNIFICANT DECLINE IN FORECLOSURE ACTIVITY BROUGHT ON BY ROBO-SIGNING

For the second month in a row, foreclosure activity was impacted by voluntary foreclosure suspensions, after certain practices commonly used during the foreclosure process were called into question. While initially limited to judicial foreclosure states, the so-called Robo-signing controversy began impacting foreclosures in non-judicial states, including those in our coverage area in early October.

Key month over month trends for November include:

StateNotice of DefaultNotice of SaleBack to BankSold to 3rd Party

Arizona n/a-24.3%-17.5%-1.2%

California-9.3%-1.0%-12.5%+7.8%

Nevada-12.7%+3.4%-25.2%-4.7%

Oregon-25.0%-21.2%-26.9%-23.5%

Washington n/a-31.7%-38.7%-33.2%

CLICK HERE for our complete November 2010 Foreclosure Report


ForeclosureRadar Reports
ForeclosureRadar Reports
ForeclosureRadar Reports

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