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HOME » Mortgage Reports » Default Notices Surge In August; Foreclosures Poised To Rise?

Default Notices Surge In August; Foreclosures Poised To Rise?

September 15, 2011

Default notices made their biggest one-month jump since August 2007 last month, on the way to a 9-month high. This may foreshadow a large number of bank repossessions in the months ahead.

Default Notices Surge In August; Foreclosures Poised To Rise?

September 15, 2011

Default notices made their biggest one-month jump since August 2007 last month, on the way to a 9-month high. This may foreshadow a large number of bank repossessions in the months ahead.

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