State laws delayed but haven’t stopped foreclosures
California’s efforts to help distressed homeowners did delay the day of reckoning but ultimately didn’t hold back a rising wave of foreclosure actions. That’s the conclusion of Foreclosure Radar’s COO...
View ArticleMixed report on foreclosures, default notices
My colleague Nathan Halverson reports in today’s Press Democrat that foreclosures are up this year but the numbers of default notices have sharply declined in Sonoma County. For the first six months of...
View ArticleSonoma County default notices hit four-year low
The number of Sonoma County homes that entered the foreclosure process fell to the lowest amount in four years last quarter. County homeowners received 738 default notices between April and June,...
View ArticleSonoma County default notices outpace national wave
Outpacing a national trend, Sonoma County reported an 87 percent jump in default notices that were sent in August to homeowners who had fallen behind in their mortgage payments. Lenders sent 432 such...
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