RealtyTrac reports that new foreclosure proceedings increased 6 percent last month compared to one year earlier; however, total volume was down 10 percent.
Separately, second-quarter data from the Mortgage Bankers Association reflects the first gain in mortgage delinquencies in a year.
The author of this article is: realtormag.realtor.org
See the original post at: http://realtormag.realtor.org/daily-news/2012/08/10/foreclosure-starts-rise-again
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