Facing Foreclosure? You Have a Longer Wait.

Mortgages

Facing Foreclosure? You Have a Longer Wait.

Facing Foreclosure? You Have a Longer Wait.

The average homeowner in foreclosure hasn’t made a mortgage payment in 507 days, according to a report published by Lender Processing Services, Inc. That’s a 25% increase from an average of 406 days at the end of 2009. Such long processing times are leading to a huge inventory of houses in some form of delinquency… Read More

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