State | Notice of Default | Notice of Sale | Back to Bank | Sold to 3rd Party |
Arizona | n/a | -12.2% | -2.0% | -5.8% |
California | +16.7% | +2.7% | +20.3% | -0.4% |
Nevada | -7.5% | -3.34% | -12.0% | +26.2% |
Washington | n/a | -15.6% | -10.3% | -15.6% |
Oregon | +10.7% | +9.3% | +27.6% | -8.0% |
California
Notices of Default filings, the first step in the foreclosure process, jumped 16.6 percent in August, the fourth successive increase in as many months. Fewer homeowners found foreclosure relief as foreclosure cancellations dropped 11.2 percent while more homes were lost, up 15.6 percent to 17,841 foreclosure sales.
Notices of Default filings, the first step in the foreclosure process, jumped 16.6 percent in August, the fourth successive increase in as many months. Fewer homeowners found foreclosure relief as foreclosure cancellations dropped 11.2 percent while more homes were lost, up 15.6 percent to 17,841 foreclosure sales.