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O.C. mortgage defaults up 13.8%

Written by admin on March 16th, 2010

According to DataQuick’s monthly report for Orange County housing for February …

The number of defaults — first step to foreclosure — was 1,775 – that’s +13.8% vs. the previous month and -35.3% vs. a year ago.
Homeowners losing their homes through foreclosure numbered 600 – that’s -9.4% vs. the previous month and -22.1% vs. a year ago.

Other Orange County lending stats for last month, including the [...]

O.C. mortgage defaults up 13.8% is a post from: Mortgage Insider

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