mortgage default - Articles

10 Best States to Default on Your Mortgage

Defaulting on your mortgage inevitably pushes you into the foreclosure process, and that can be a very traumatic experience. But there is a glimmer of hope, even if you're already getting phone calls and notices warning you of impending foreclosure. If you live in a state where it takes an exceptionally long time to... Continue Reading »

Millionaire Foreclosures on the Rise

By Jessica Dickler, CNNMoney NEW YORK -- Five years after the housing bubble burst, America's wealthiest families are now losing their homes to foreclosure at a faster rate than the rest of the country -- and many of them are doing so voluntarily. Over 36,000 homes valued at $1 million or more were foreclosed on -- or at... Continue Reading »

Mortgage Delinquency to Drop Sharply in 2012, Report Says

NEW YORK -- If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly by the end of next year, according to credit reporting agency TransUnion. Mortgage delinquency rates -- the ratio of borrowers 60 or more days behind on their payments -- will... Continue Reading »

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