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Foreclosures

Risk of foreclosure dips, but remains elevated

NEW YORK CITY — Fewer Americans fell behind on their mortgage payments in the final three months of last year, but foreclosures are still rising. The Mortgage Bankers Association says 8.2 percent of homeowners missed at least one mortgage payment ...

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Foreclosures still slow

The foreclosure process across New York state continues to experience delays, and the question is whether multiple factors are to blame. A search of Monroe County Clerk’s Office records returned 1,927 notices of pendency related to mortgage ...

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Banks repossess 1 million homes in 2010

NEW YORK CITY — The bleakest year in foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006.

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