The Ticker

Posted by TimKuptz in Market News & Data on Oct 4th, 2011 | no responses

With the housing market still in a slump the average number of days that someone in foreclosure hasn’t made a payment has grown again. Now at 611 days up from 599 days a year ago it is very bad news for banks especially. Foreclosure numbers keep rising and now banks aren’t able to get paperwork filed quickly enough which is dragging the process out even more. For the full article please click here!