Tag: Birmingham foreclosure defense lawyer

Foreclosure filings up in third quarter

Recent data shows that nationwide foreclosure filings increased in the third quarter of this year.  This is the first quarter that foreclosure filings have increased since the last quarter of 2010. 1 in 213 properties in the United States were foreclosed upon in the third quarter of 2011.  In total, 610,337 properties were repossessed. Experts

Foreclosures down by 29 percent in August

Real estate research firm RealtyTrac recently reported that foreclosure filings experienced a 29 percent year-over-year decrease in Alabama in August. Last month, a total of 1,358 foreclosures were filed in the state.  711 of the foreclosure filings were notice of trustee sales and 647 of the foreclosure filings were real estate-owned properties. In addition, 1

Birmingham-Hoover foreclosure rate increasing

A recent report from CoreLogic says that the foreclosure rate in the Birmingham-Hoover metro area is increasing. In June, the foreclosures in the area increased by 1.67 percent from May.  In addition, June foreclosures in Birmingham-Hoover were 1.43 percent higher than the number of foreclosures in the area in June 2010. The foreclosure rate for

Foreclosure filings down across country

According to the Birmingham Business Journal, foreclosure filings in the U.S. have decreased by 25 percent over the past 6 months. Furthermore, looking at comparing the first 6 months of 2011 to the first 6 months of 2010, the country has experienced a 29 percent drop in foreclosure filings. Foreclosure data was complied in RealtyTrac’s

Fewer mortgage delinquencies in Birmingham

In March, the mortgage delinquency rate in Birmingham saw a decrease from the rate in March 2010.  According to national research firm CoreLogic, 6.93 percent of mortgage loans in Birmingham were 90 days or more overdue in March.  A year before, 7.22 percent of mortgage loans in Birmingham were reported to be delinquent. The mortgage