Program to Stem Record Bank Foreclosure List (Foreclosure list)
In an attempt to stem the tide of properties on bank foreclosure list, Northampton County in Pennsylvania launched a program that will help distressed homeowners avoid foreclosures. And so far, the Mortgage Foreclosure Diversion Program has helped several homeowners remain in their homes, at least for several months. The program also …
Source: www.foreclosurelistingsnationwide.com
Short Sales Impact Foreclosed Home Listings in Virginia
Data from current foreclosed home listings in Northern Virginia shows that more distressed mortgage borrowers are trying to avoid foreclosure by selling their homes through short sales. From active resale listings in Alexandria, Arlington, Fairfax and Falls Church, more than 13 percent of all distressed listings are short-sale listings while foreclosed …
Source: www.foreclosurelistingsnationwide.com
Tags: Alexandria Arlington, Attempt, Avoid Foreclosure, Bank Foreclosure, Distressed Homeowners, Diversion Program, Foreclosure List, Foreclosures, Home Listings, Mortgage Borrowers, Mortgage Foreclosure, Mortgage Program, Northampton County, Northern Virginia, Pennsylvania, Resale Listings, Tide, Virginia Data