Wednesday, October 7, 2009

One Million Homes in Foreclosure Process


The latest OCC and OTS Mortgage Metrics Report showed that difficult economic conditions resulted in higher rates of mortgage delinquencies and foreclosures in process, which increased to 8.5 percent and 2.9 percent of all serviced mortgages. So it looks like Portland and the Portland metro area bucked the overall trend by decreasing its troubled mortgages last month! Good news for us. To read the full report go to the OCC's website at the Department of Treasury.


Portland foreclosure is Portland's online resource and help center for Portland foreclosure info and listings for foreclosures in the Portland metropolitan area including Multnomah, Clackamas, Washington, Yamhill and Clark County in Vancouver Washington.

No matter if you are a homeowner with financial difficulty, an investor or first-time buyer looking at purchasing a short sale, there is a lot of help and information available for Portland foreclosures. Portland Foreclosure is located at 1030 NW 12TH AVE TH4, PORTLAND, OR 97209. Visit us online at portlandforeclosure.com

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Posted by portlandforeclosure at 8:28 AM

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