{"id":7626,"date":"2015-03-12T12:00:15","date_gmt":"2015-03-12T12:00:15","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=7626"},"modified":"2015-03-12T12:00:15","modified_gmt":"2015-03-12T12:00:15","slug":"foreclosures-jumped-in-january","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/foreclosures-jumped-in-january\/","title":{"rendered":"Foreclosures Jumped in January"},"content":{"rendered":"

Foreclosures Jumped in January<\/h2>\n

 <\/p>\n

\"Foreclosures<\/a>

Foreclosures Jump. Image courtesy of Stuart Miles \/ FreeDigitalPhotos.net<\/p><\/div>\n

The number of repeat foreclosures inched higher in January compared to a year ago \u2013 the first time in more than two years this has occurred, according to a new report by Black Knight Financial Services.<\/p>\n

Repeat foreclosures occur after a home owner begins the foreclosure process, but is then able to keep the home through either a loan modification or new payment program. The situation becomes a\u00a0repeat foreclosure when,\u00a0despite the modification, borrowers still are unable to make their payments and the home falls back into foreclosure.<\/p>\n

New repeat foreclosures ticked up 11 percent in January from December and accounted for more than half of all new foreclosures, according to Black Knight Financial Services. The uptick was most apparent in \u201cjudicial\u201d states \u2013 where a judge\u2019s approval is required for a foreclosure and backlogs of foreclosures are more common.<\/p>\n

Some housing analysts aren\u2019t shocked by the uptick. “So much tinkering was done with defaulted borrowers over the last five or six years,\u201d Guy Cecala, CEO and publisher of Inside Mortgage Finance, told CNBC. \u201cIt’s not surprising they’re running into problems again.”<\/p>\n

Source: \u201cHousing\u2019s New Worry: Repeat Foreclosures Return,\u201d CNBC.com (March 9, 2015)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Foreclosures Jumped in January   The number of repeat foreclosures inched higher in January compared to a year ago \u2013 the first time in more than two years this has occurred, according to a new report by Black Knight Financial Services. Repeat foreclosures occur after a home owner begins the foreclosure process, but is then … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-7626","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nForeclosures Jumped in January - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/foreclosures-jumped-in-january\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Foreclosures Jumped in January\",\"datePublished\":\"2015-03-12T12:00:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/\"},\"wordCount\":220,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/03\\\/ID-100266620.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/\",\"name\":\"Foreclosures Jumped in January - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/03\\\/ID-100266620.jpg\",\"datePublished\":\"2015-03-12T12:00:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/foreclosures-jumped-in-january\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/03\\\/ID-100266620.jpg\",\"contentUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/03\\\/ID-100266620.jpg\",\"width\":400,\"height\":363,\"caption\":\"Foreclosures Jump. 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