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December 31, 2010

LPS: Over 4.3 million loans 90+ days or in foreclosure

• The average number of days delinquent for loans in foreclosure is a record 499 days • Over 4.3 million loans are 90 days or more delinquent or in foreclosure • Delinquency rates are down across all products as more loans entered foreclosure and new delinquencies declined.

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Marshall & Ilsley extends foreclosure moratorium

Marshall & Ilsley Corp. said Thursday it will extend its foreclosure moratorium an additional three months, through March 31.

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December 30, 2010

Panel advocates foreclosure protections

Hawaii homeowners should have the right to have a state judge oversee foreclosure actions and should be notified in person at least 21 days in advance if their home is going to be put up for auction.

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Springfield highest in foreclosures

SPRINGFIELD - The 575 foreclosure deeds filed for Springfield in the first 11 months of 2010 were the highest number of completed mortgage foreclosures of any city or town in the state for the time period.

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Foreclosure Crisis Compels Increased HUD Funding

WASHINGTON, D.C. – President Obama did not mention America’s foreclosure crisis during his year-end press conference. But the next day, Dec. 23, U.S. Housing and Urban Development Secretary Shaun Donovan held his own teleconference to announce the award of close

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