Florida foreclosures top the charts for seventh consecutive month

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Florida foreclosures top the charts for seventh consecutive month Fannie Mae and Freddie Mac are refinancing fewer mortgages than at any point. Read More Home Loans

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With a title like America’s Foreclosure Capital, it’s no surprise that Florida posted the nation’s highest state foreclosure rate for the seventh consecutive month, with one.

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National Foreclosure Rates Drop but 21 states buck trend – National Foreclosure Rates Drop but 21 States Buck Trend. Nevada is still in the top three despite eight consecutive months with annual decreases and a 57 percent year-over-year drop in May. One in every 717 housing unit in the state had a foreclosure filing in May.

Florida foreclosures top the charts for seventh consecutive month RealtyTrac: Foreclosure starts up 24 percent in Florida – That marks the first annual increase in auctions after 44 consecutive months of decreases. and New Jersey (up 115 percent). Eight of the top 10 metro areas facing foreclosure action were in Florida.

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