Relevant:
- Foreclosure Reality Distorted by Processing Delays
- Foreclosure Filings Plunge as Bank Delays Mask ‘True Face' of U.S. Crisis
- Foreclosure Filings in U.S. Drop to Three-Year Low After Paperwork Delays
- Foreclosure Filings Decline in U.S. as Holiday Moratorium Extends Delays
- Foreclosure Filings Decline in 84% of U.S. Cities After Paperwork Backups
2011-07-15 — bloomberg.com
"Lender delays in processing home- loan defaults will push as many as 1 million U.S. foreclosure filings from this year to 2012 or beyond, casting an "ominous shadow" on the housing market, according to RealtyTrac Inc."
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