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2009-10-23 — housingwire.com
The volume of mortgage default notices filed on California homeowners fell more than 10% in Q309, according to MDA DataQuick, a mortgage information provider based in San Diego. The drop in notices of default — the first step in the foreclosure process — stems from evolving foreclosure polices from lenders, an unsteady legislative environment and an increase in the number of renegotiated mortgages, according to the report. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |