California Foreclosure Filings Drop 19%: ForeclosureRadar

California Foreclosure Filings Drop 19%: ForeclosureRadar

California Foreclosure Filings Drop in April May 17, 2010 by Christopher Hanson Leave a Comment ForeclosureRadar, an online resource that tracks foreclosure activity across the U.S., reports that California foreclosure filings dropped in April for the first time this year.

MGIC writes $2.1B in new primary mortgage insurance MGIC’s legacy insurance unit cannot write new business in 10 states because the unit has exceeded ratios that measure capital available for MGIC to cover potential losses on claims.

Government programs currently impacting the foreclosure numbers in California: California Senate Bill 1137, which requires lenders to contact homeowners before filing a Notice of Default. This bill resulted in a significant, but temporary, drop in foreclosure filings starting in September of 2008.

Based on ForeclosureRadar’s data, California’s Notices of Default decreased 11.8 percent over Notices recorded for December and are down 10.6 percent from January 2008.. saw a drop in Notice of.

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Hardest hit were California, Florida and Ohio. But in the city, foreclosures fell to 2,021 in May from 2,102 for the same month a year ago, a 3.8% drop. For the state. Foreclosure filings.

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The company says the one consistent market statistic in all five states during the month of May was a drop in how long it’s taking foreclosure. according to ForeclosureRadar. The company tracked.

The real estate website when the website’s records begin. The website noted that the foreclosure drop came in January, when a package of tough new laws protecting California.

Episode 7: Wise Cash - Investing in Foreclosures After being down across the board in May, the filing of new foreclosure notices in California rose in June, while foreclosure sales dropped, reports From the website: "The.

CA leads drop in foreclosure filings. 1 / 1. Back to Gallery California, the state that led the country into the housing boom and bust with some of the most reckless subprime mortgage lending, is.

Initial foreclosure filings are down 50 percent or more across most of the Bay Area. Foreclosure activity dropped sharply across the Bay Area in August, according to data released this week by ForeclosureRadar.. That’s good news for both homeowners and the real estate market in general.

NO END IN SIGHT FOR CALIFORNIA FORECLOSURE MESS March sees record levels of California foreclosure filings discovery bay, CA, April 15, 2008 – ForeclosureRadar (, the only website that tracks every California foreclosure with daily auction updates; today issued it’s California Foreclosure Report.

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