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Foreclosures prompt lawsuits against debt collectors in N.J.
Seven years after the meltdown of the subprime mortgage market, New Jersey continues to be a hotbed of home repossessions by lenders, resulting in reams of foreclosure-fraud and improper-debt-collection complaints that mainly target intermediaries known as ... Read more



New Jersey missing out on Bank of America settlement riches: Opinion
At Christie’s direction, acting state Attorney General John Hoffman completely missed the boat to bring anywhere from $45 million to $300 million in foreclosure relief and prevention programs into New Jersey from a Bank of America settlement with the U.S ... Read more



Private Investment Could Pull Those Facing Foreclosure Back From The Brink
Private Investment Could Pull Those Facing Foreclosure Back From The Brink The Housing Market ... They were recently outbid in Cumberland County, New Jersey – facing a tab upwards of 64 cents on the dollar for a batch of nonperforming mortgages. Read more



Foreclosure starts tick up in June, but are down year-over-year
This is a 19% decline from last year. The states with the highest foreclosure percentages are the judicial states like Florida, New Jersey, and New York. Non-judicial states have largely worked through their foreclosure pipelines. This accounts for the ... Read more



HUD: Loan Sales Cut Insurance Losses, Reduced Foreclosures
"Unlike REO, where foreclosure is a required first step ... The five states with the highest number of loans sold through SFLS since 2010 were Florida (13,852), New Jersey (9,919), Illinois (8,357), New York (5,951), and Ohio (5,124). Read more



US foreclosures down by one-fifth
The five states with the highest foreclosure inventory as a percentage of all mortgaged homes were: New Jersey (5.7%), Florida (4.8%), New York (4.3%), Hawaii (3%) and Maine (2.7%). The five states with the lowest foreclosure inventory as a percentage of ... Read more



New Jersey's statewide housing woes are reflected, magnified in Trenton
Around the nation, foreclosures have declined to their lowest level since before the housing bubble burst in 2007, according to RealtyTrac of Irvine, CA, whose data is used by the real-estate industry and government agencies. But in New Jersey, state court ... Read more



No buyer for Olde Lafayette Village at foreclosure sale
LAFAYETTE – Olde Lafayette Village failed to find a buyer at Wednesday's foreclosure sale held at the Sussex County ... The Flushing Savings Bank representative refused to comment to the New Jersey Herald regarding the property. The property now reverts ... Read more



National Foreclosure Report Indicates Over 20 Percent Decrease, Year-Over-Year
The five states with the highest foreclosure inventory as a percentage of all mortgaged homes were: New Jersey (5.7 percent), Florida (4.8 percent), New York (4.3 percent), Hawaii (3.0 percent) and Maine (2.7 percent). The five states with the lowest ... Read more



Foreclosures Surging in New York-New Jersey Market
The epicenter of the U.S. foreclosure crisis is shifting to New Jersey and New York, threatening a housing rebound in one of the country’s most densely populated areas. New Jersey has surpassed Florida in having the highest share of residential mortgages ... Read more




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