Fewer Americans having trouble making mortgage payments


[lin_video src=http://eplayer.clipsyndicate.com/embed/player.js?aspect_ratio=16×9&auto_next=1&auto_start=0&div_id=videoplayer-1375137797&height=480&page_count=5&pf_id=9624&show_title=1&va_id=4176619&width=640&windows=2 service=syndicaster width=640 height=480 div_id=videoplayer-1375137797 type=script]

BIRMINGHAM, Ala. (WIAT) — More and more Americans are continuing to get a handle on their mortgage payments.

Nationally, the number of foreclosures continues to drop.

Mortgage researcher CoreLogic examined statistics gathered over a 12-month period from May of 2012 to May of 2013.

According to the data, 52,000 foreclosures were finalized in May of 2013.

Comparatively, that’s far less than the same month in 2012. In May of 2012, 71,000 foreclosures were finalized.

Foreclosures in Alabama accounted for just over 6,400 of the overall numbers compiled in May of 2013.

Since the financial crisis began in September of 2008, approximately 4.4 million mortgages have ended in foreclosure.

For more information on the research conducted by CoreLogic, click here.

Copyright 2013 WIAT-TV CBS 42

  • http://www.ezmortgagetips.com/192/fewer-americans-having-trouble-making-mortgage-payments-cbs42/ Fewer Americans having trouble making mortgage payments – CBS42 | Ez Mortgage Tips

    […] News Sources wrote an interesting post today onHere’s a quick excerpt […]


blog comments powered by Disqus