Bank Foreclosure Properties Continue to Increase in City (Foreclosure homes)
The city of Rocky Mount in North Carolina experienced a slight increase in the number of Bank Foreclosure Properties last May. Market data showed that 1.2 foreclosures were posted among outstanding mortgages, representing a 0.3 percent increase compared to the same month figures the previous year. But the number of Bank … home foreclosures
President Barack Obama has signed into law two housing measures aimed at helping distressed homeowners avoid placing their properties on repo home listings. The two laws are not expected to totally eradicate the foreclosure problem but they may contain the growing repo home listings and put a block on fraudulent … home foreclosures
Tags: Bank Foreclosure Properties, Bank Foreclosures, Barack Obama, City Of Rocky Mount, Distressed Homeowners, Foreclosure Homes, Home Foreclosures, Home Listings, Measures, Mortgages, North Carolina, Previous Year