state officials tout impact of foreclosure prevention programsone year after a coalition of state agencies made its first report on maryland’s soaring foreclosure numbers to gov. martin o’malley, those same agencies on monday said resulting legislation has helped keep homeowners in their homes.foreclosure counseling services see spikein the face of rising foreclosure rates, local housing counseling agencies are seeing a spike in demand for services, paralleling a trend with other organizations across the country.foreclosure activity rises in state, falls elsewherenovember foreclosure activity rose in california but fell in the rest of the country to its lowest level since june, analyst realtytrac reported thursday. the firm credited new state laws and aggressive loan modification programs in dampening foreclosure nationally yet advised against premature optimism. "There are several indications that this lower activity is simply a temporary lull ...business is slow, even at the foreclosure auctionthere were a lot of lookers but few buyers at the year's final foreclosure auction. |
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