2012-08-27baltimoresun.com

``Mortgage firms have foreclosed on more than 50,000 homes in Maryland since the final peak days of the housing bubble in January 2006, according to real estate data firm CoreLogic. That's about 23 homes per day. More than 20,000 of those completed foreclosures -- 40 percent -- were on homes in the Baltimore metro area.

Meanwhile, the state has the second-highest rate of borrowers who are behind on their mortgage payments by 90 days or more and not yet in foreclosure, at 4.7 percent, according to the Mortgage Bankers Association.''


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