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You are here: Home / Archives for mortgages

8.12 percent of New Jersey mortgages in foreclosure process

May 15, 2014 Posted by Staff

The Mortgage Bankers Association on Thursday said that about 8.12 percent of mortgages were in the foreclosure process in New Jersey. With this development, New Jersey has surpassed Florida with the highest share of mortgages in foreclosure process in the United States in the first quarter as delinquencies nationally fell to pre-crisis levels. Michael Fratantoni, chief economist for the … [Read more...]

Filed Under: Business Tagged With: foreclosure inventory rate, foreclosure process, foreclosure process in New Jersey, home loan in New Jersey, home loan in US, Mortgage Bankers Association, Mortgage Rates, mortgages, New Jersey

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