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Foreclosure Truth #5
Active, pending and sold data from the MLS no longer provides a complete view. Foreclosure comps fill the gap by showing the other half of today's real estate market.
HAMP Delaying Foreclosures in California, but Not Cancelling Them Yet
09/16/2009
The government’s program to modify mortgage loans has clearly led to foreclosures being postponed in California, but they have not yet been cancelled pending trial period results, according to ForeclosureRadar’s monthly report on California foreclosures.