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Tag Archives: RealtyTrac

Tardy mortgages reflect struggling economy

Mississippi’s 14.1 percent delinquent rate applies to loans by 30 days or more Mississippi mortgage bankers are awaiting third quarter tallies from the Mortgage Bankers Association to learn whether the state will continue to have the unfortunate distinction of having the nation’s highest rate of tardy home-loan payments. The 14.1 percent rate for the second quarter matched Nevada, where the collapse ...

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Foreclosures up in Jackson, Gulfport-Biloxi

Two Mississippi areas – Jackson and Gulfport-Biloxi – recorded increases in foreclosure actions against delinquent homeowners during the third quarter, a national tracking organization said Thursday. Irvine, Calif.-based RealtyTrac surveyed actions against homeowners behind on their loans, ranging from an initial notice of default to outright lender repossession. Although Jackson and Gulfport-Biloxi posted double-digit increases from the second quarter, they ...

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700 MS homes in foreclosure in 3rd quarter

ACROSS MISSISSIPPI — Lenders took back the property of just over 700 Mississippi homeowners during the third quarter of 2010, a national company that tracks foreclosures reported Thursday. Irvine, Calif.-based RealtyTrac said that although foreclosure action picked up overall, there was a slight decline from August to September. RealtyTrac said that in addition to the repossession of 727 homes, another ...

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