TITLE

Full Disclosure: A Tale of Two Processes

AUTHOR(S)
Blecher, Herb
PUB. DATE
October 2011
SOURCE
Mortgage Banking;Oct2011, Vol. 72 Issue 1, p26
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the foreclosure inventories of loans in California. It says that completing the foreclosure process varies from state to state which affects the regional housing markets. It mentions the factors which inflated the rates of delinquency such as delays due to loan evaluation and ensuring proper documentation. Furthermore, the foreclosure process reviews caused foreclosure sales to drop across U.S. states which resulted in an overhang of distressed properties.
ACCESSION #
67062154

 

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