Strategic Foreclosure:
There were 217,000 loans in July where the borrower hadn’t made a payment in at least a year but the lender hadn’t begun the foreclosure process – 17% of home mortgages that are at least 12 months overdue.
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Strategic Foreclosure:
There were 217,000 loans in July where the borrower hadn’t made a payment in at least a year but the lender hadn’t begun the foreclosure process – 17% of home mortgages that are at least 12 months overdue.