More than half of US metros post higher foreclosure activity

Continuing a first quarter trend, Atlantic City, Trenton and Philadelphia posted the some of the highest foreclosure rates in the first half of the year from among the more than 200 largest metros.

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Foreclosure Status Distribution for the U.S. April 2019 The current distribution of foreclosures based on the number of active foreclosure homes in the U.S.

Foreclosure activity down in most US metro areas | The. – Home Personal Finance Foreclosure activity down in most US metro areas.. California is home to seven of the metro areas that were among the top 10 metropolitan areas with the highest foreclosure rate in the first half of the year, led by Modesto with one in every 30 households receiving a.

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Of the 216 areas studied with populations of 200,000 or more, 36 percent (or 78 markets) posted foreclosure activity lower than pre-recession.

 · Mortgage Payments are Unaffordable in Half of America’s largest markets homes for sale in the six largest california metros have unaffordable mortgage payments – The median price of homes for sale is higher than the median home value of all homes in all but three of the largest 35 U.S. metros.

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Housing starts fall 5.8%, disappointing analyst estimates Both housing permits and housing starts recovered in March from very disappointing performances in February. The New residential construction report, jointly issued by the U.S. Census Bureau and.California bankruptcy court rules against MERS California bankruptcy court rules against MERS A California bankruptcy court says Mortgage Electronic Registration Systems cannot help a trustee establish legal standing to foreclose on a securitized mortgage unless the trustee already possesses an actual assignment of interest in the loan.

United states. wealth.. arizona and Florida continued to post the highest foreclosure rates in the country.. Illinois and Michigan – accounted for more than half of all foreclosure activity.