March 31, 2011 by Kevin Riles
Filed under Houston Foreclosure News
From DSNews.com After reports that the timeline to iron out final details of the robo-signing settlement is “ambitious,” representatives from several major servicers, attorneys general, and some federal regulators are said to have a meeting planned for Wednesday, marking their first face-to-face discussion of terms. According to the Wall Street Journal, officials from Bank of [...]
Foreclosure Backlog Stands at 30x Foreclosure Sales Volume
March 29, 2011 by Kevin Riles
Filed under Uncategorized
From DSNews.com New data released by Lender Processing Services (LPS) Monday show that while delinquencies continue to decline, an enormous backlog of foreclosures still exists with overhang at every level. As of the end of February, foreclosure inventory levels stood at more than 30 times monthly foreclosure sales volume, indicating this backlog will continue for [...]
