Thursday, August 12, 2010

Maryland fares worse than nation when it comes to foreclosures

Baltimore Business Journal reports: The number of home foreclosures filed in Maryland increased about 10.4 percent from June to July, exceeding the national average.


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1 comment:

  1. Until principal reduction is utilized for qualifying borrowers, foreclosures will continue at high levels. Unlike foreclosure, deed in lieu & short sales, principal reduction does not impact neighbors or municipalities. Keeping folks in their homes, will prevent further erosion in home values.