State’s foreclosures fell during second quarter
Published: July 14,2011
ACROSS MISSISSIPPI — The number of Mississippi residents threatened by the loss of their homes dropped during the second quarter.
Irvine, Calif.-based RealtyTrac says that for the three months ending June 30, 840 properties were targeted by some foreclosure-related action. But for those it was largely the end of the line, as 514 were repossessed by lenders and the other 326 were scheduled for a foreclosure sale.
The total number of actions fell 22.4 percent from the first quarter of 2011 and 17.8 percent from the second quarter of 2010.
Mississippi ranked 47th in the RealtyTrac count among the states and the District of Columbia in foreclosure-related actions.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- A BIG CHANGE: New mortgage rules seen bringing increase in pricey mobile home loans
- Analyst: KiOR Columbus plant may end up sold as scrap
- Warden who lives hundreds of miles from jail resigns
- Jail kitchen supervisor pleads guilty to stealing food
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals
- DAVID DALLAS: Savor this Thanksgiving and be grateful
- Hunting-weapons legislation passes House