California foreclosures set to surge

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Mortgage Default Notices Surge Nationwide, Foreclosures Set. – Mortgage Default Notices Surge Nationwide, Foreclosures Set to Jump. Thu, Sep 15, 2011 – 9:19am.. California saw a 55 percent increase in homes receiving a default notice last month, while in Indiana they climbed 46 percent.. Reality Check reports Huge Surge in Bank of America Foreclosures.

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There’s About To Be A Huge Surge In Foreclosures. – A backlog of over four million delinquent loans. There’s About To Be A Huge Surge In Foreclosures

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Ben Carson Gets Confused After Lawmaker Asks Him About REO Foreclosure Rates: An Oreo?’ – Katie Porter of California at the time of the snafu. She had asked him about REOs, a term to describe properties that don’t sell at foreclosure auctions (therefore. it spent $31,561 for a new.

California Foreclosure Laws – Foreclosure.com – California has a requirement known as the one-action rule. If a foreclosure is completed by non-judicial means, a second action to recover a deficiency judgment is not permitted. Using a judicial foreclosure, a lender may recover a deficiency judgment in certain circumstances.

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Setting Aside a Foreclosure Sale | Nolo – Reasons a Foreclosure Sale May Be Set Aside. Generally, to set aside a foreclosure sale, the homeowner must show: irregularity in the foreclosure process that makes the sale void under state law. noncompliance with the terms of the mortgage, or. an inadequate sale price that shocks the conscience.

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California foreclosures set to surge – activerain.com –  · In August, servicers filed 28,961 default notices in California, the first stage of the foreclosure process in the state, RealtyTrac showed. Another filing trackerForeclosureRadar found a similar boost in foreclosure starts along the West Coast and said Bank of America led all major banks with a 116% jump in August alone.

Biz Break: Foreclosures sink California home prices; plus: Apple iPhone, iPad update – Real estate update A surge in transactions. from foreclosure properties,” association Chairman Bob Nielsen, a Reno homebuilder, said in a news release. Publishers of magazines, newspapers, videos,