Foreclosure Defense and Loan Modification Blog

Foreclosure Down in May 2016, New Jersey Worst in Country

Posted by Maxwell Swinney

Tuesday, July 12, 2016

U.S. foreclosure filings were slightly lower in May of 2016 compared to April, according to real estate data company RealtyTrac. There were 100,841 properties with foreclosure filings in May, which is a 21 percent drop from May of 2015. The decrease in foreclosure activity in May is the eighth month in a row with a decrease compared to the same month a year ago.

New Jersey Number One In Country For Foreclosures

New Jersey leads the nation with the highest foreclosure rate of any state. In the Garden State one in every 559 housing units had a foreclosure filing. Maryland was next with one in every 693, followed by Delaware with one in every 716, Florida with one in every 738, and Nevada with one in every 851.

Among the metropolitan areas with at least 200,000 residents, areas in New Jersey take the top two spots for the worst foreclosure rates in the country. In Atlantic City one in every 448 housing units had a foreclosure filing. In Trenton, New Jersey, it's one in 446.

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Topics: foreclosure defense, housing market, news

Areas Of New York Experiencing Worse Than Average Foreclosure Rates

Posted by Maxwell Swinney

Wednesday, May 18, 2016

Real estate information company RealtyTrac recently released its Foreclosure Market Report for the first quarter of 2016, and the news is mostly good. But some areas, including three metropolitan areas in New York, reached new foreclosure activity peak levels.

In the first quarter of 2016 the U.S. saw less foreclosure activity than in any quarter since the fourth of 2006, with one in every 459 homes in the country having a foreclosure filing. That means there was a default notice, scheduled auction, or bank repossession on 289,116 properties.

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Topics: new york foreclosure attorney, news

Texas Man Kills Victim, Impersonates Him to Sell His House

Posted by Maxwell Swinney

Friday, April 29, 2016

Texas police are accusing Christopher Brian Colbert of murdering Robert Shumway then pretending to be him to sell his house.

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Topics: foreclosure, foreclosure grief, news

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Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. We have helped over 7,000 homeowners fight back and keep their homes.

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