Foreclosures Expected to Increase
New information just out from the Bankers Association of America have indicated that second quarter data shows 8.44% of the Nations homeowners have missed at least 1 mortgage payment during the months of April, May and June. This comes as State and Federal investigators end thier investigations into faulty Foreclosure filings. With this in mind, the number of short sales and foreclosures are likely to increase dramtically by the end of the year.