“This is a large decline in foreclosure activity,” Ryan [...]
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Arguably, Colorado’s foreclosure crisis is [...] “It’s getting easier to sell a house to get out of trouble,” Ryan [...] “Banks just aren’t making the risky loans they did before the foreclosure crisis,” Ryan [...] “A year ago, it seemed every other conversation people in the industry were having was regarding the “shadow market,” Peter [...] “By front-loading the mortgage relief, the settlement is helping stabilize the housing market in nationally and in Colorado,” John [...] “There are still going to be some ups and downs, but declines in foreclosures this year have been larger than what we expected,” Ryan [...] “Some of the decline in the sales is the natural echo of the big decline we saw in filings last year, but I think it’s also being sustained by an ongoing effort by lenders to push short sales and distressed sales more often as a way of avoiding final foreclosure,” Ryan [...] “As home sales and home prices, rise, it’s getting a little easier to avoid that final foreclosure sale through a short sale or even a conventional sale,” Ryan [...] “It is important that the foreclosure process work as intended and that borrowers and the legal system have confidence in it,’ John [...] |
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