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Repeat Foreclosures in NYC #4

Repeat Foreclosures in NYC at an All-time High: Re-defaults happen once a debtor returns to default once their payments were current again, are increasing since servicers are diving much deeper into the distressed debtors’ pool, adjusting mortgage loans for...
Repeat Foreclosures in NYC #3

Repeat Foreclosures in NYC #3

Repeat Foreclosures in NYC: According to Attom’s Senior VP, Daren Blomquist, the same property owners are stuck in properties that are distressed and there never seems to be a resolution and in New York, it is acuter than in any other market. With Foreclosure...
Repeat Foreclosures in NYC #2

Repeat Foreclosures in NYC #2

Repeat Foreclosures in NYC: Across the state, approximately 35,916 foreclosures or 73% of the 49,200 new foreclosure cases, for the previous 12 months were repeats. This is up from only 20% in 2007, as per Black Knight, which gathers records disclosed by servicers....
Repeat Foreclosures at an All-Time High in NYC

Repeat Foreclosures at an All-Time High in NYC

New York Foreclosure Attorney: Homeowners in New York have entered default mode — yet again. When it comes to repeat foreclosure filings, the city leads the nation. New York City’s repeat foreclosure filings numbers are much greater when compared to other big...
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