Foreclosures are down but delinquencies are up in Tacoma. The analytics firm CoreLogic reported this week that the Tacoma foreclosure rate – for foreclosures among outstanding mortgage loans – fell to 2.12 percent in April, a decrease of 1.04 percent compared to April 2011.
Foreclosures are down but delinquencies are up in Tacoma.
The analytics firm CoreLogic reported this week that the Tacoma foreclosure rate – for foreclosures among outstanding mortgage loans – fell to 2.12 percent in April, a decrease of 1.04 percent compared to April 2011.
Washington state bucked the national trend in foreclosure activity, data out today show, with the number of homes in some state of foreclosure more than doubling in a year.
Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increasingly opted to allow troubled borrowers to sell their homes for less than what they owed on their mortgage.
The foreclosure rate among outstanding mortgages in Tacoma was 3.88 percent in January, up 1.64 percentage points from a rate of 2.24 percent recorded in January, 2012.
A year ago, a $25 billion settlement ordered banks to do a better job helping troubled homeowners, and to end the stories of borrowers trapped in a confusing web of mortgage negotiations leading to foreclosure.
The rate of foreclosure among outstanding mortgage loans in Tacoma was 3.95 percent in December last year, an increase of 1.77 percentage points compared with December 2011, according to data released Tuesday.
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