Foreclosure Starts Hit Highest Level Since January: LPS

By: Carrie Bay The August Mortgage Monitor report released Friday by Lender Processing Services, Inc. shows that foreclosure starts are continuing to accelerate, with the GSEs displaying more aggressive timelines on early stage delinquencies. Last month, the Florida-based company tracked 282,528 newly initiated foreclosures. That’s 1 percent above the number of new foreclosure cases the … Continue reading Foreclosure Starts Hit Highest Level Since January: LPS