Search Results for: Bankownedproperties.org

Wave of Deferred Bank Repossessions Expected in 2012

NEW YORK, N.Y., Feb. 20, 2012 (SEND2PRESS NEWSWIRE) — According to Bank Owned Properties, some 600,000 properties in the U.S. are reported to begin the foreclosure process as the foreclosure industry begins to function more normally.

Foreclosure Follows Unemployment in Alabama and Georgia in the First Half of 2011

NEW YORK, N.Y., Sept. 28, 2011 (SEND2PRESS NEWSWIRE) — Bank Owned Properties (BankOwnedProperties.org) reports that Alabama and Georgia showed a drop in bank foreclosures in March of 2011 but then spiked upwards in April and continues to grow in both states. Behind this activity is the cumulative effect of foreclosure processing delays which masked the reality of the foreclosure effect. The August numbers reveal what lies behind that veneer.

Statewide New York Foreclosures Rise Slightly While New Jersey Drops

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — In some of the top cities in United States the underlying unemployment problem shows the impact on homeowners that face foreclosures, despite government programs to help hundreds of thousands nationwide keep their homes. According to BankOwnedProperties, the foreclosure listings showed both drops and rises in the states of New Jersey and New York.