Foreclosure filing refers to the act of a mortgage lender filing a lawsuit in court to win the right to sell the home of a delinquent mortgagor at auction. When a homeowner defaults on mortgage payments, or otherwise fails to fulfill the terms of the mortgage agreement, the lender can enforce its rights through.

with 1,060,187 filings as of June 30, according to stats provided by ForeclosureS.com — nearly double the 558,178 recorded in the same time frame a year ago. Looking at the numbers another way, 14.6.

Nationwide, 243,353 homes received at least one foreclosure-related filing in April, up 65 percent from 147,708 in the same month last year and up 4 We’re looking at nearly a couple million ADDITIONAL homeless families by the end of the year from this disaster, and that’s not even accounting for all the.

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The lender seeks to foreclose by filing a civil lawsuit against the borrower and serving the borrower with a formal summons and foreclosure complaint. The foreclosure process is handled through the local court system. The court appoints a referee to conduct the foreclosure auction on the courthouse.

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In South Jersey, there were new filings from January to. on top of the list is the state’s foreclosure process, which is the longest in the country. At an average of 1,249 days per home, it’s.

LOS ANGELES — Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure.

U.S. residential foreclosure filings nearly doubled last quarter from a year earlier. The total was more than double that of a year earlier. Curbing foreclosures has become a priority of many.

""We’ve seen sharp declines in new foreclosure filings after legislation mandating delays to the foreclosure process was signed into law in several states – most notably in California, where overall.

Filings were down 8 percent compared to October 2013. "The October foreclosure numbers are not a complete surprise given that over the past three years One in every 596 Nevada housing units had a foreclosure filing in October, the nation’s third highest foreclosure rate. Activity in the state jumped.

more than double the number of foreclosure filings reported in the previous six-month period and nearly triple the number reported in the first half of 2006. Colorado reported one foreclosure filing.