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2012-03-23 — mortgagedaily.com
The quarterly performance of Alt-A and jumbo loans that are included in residential mortgage-backed securities improved. But foreclosure timelines are expected to deteriorate, with turnaround in judicial states more than double the time frames in their non-judicial counterparts...
... The average foreclosure timeline was 654 in judicial states as of Dec. 31, 2011. Processing time was far worse than in non-judicial states, where the timeline was only 297 days. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |