OCC Bares New Measures for Foreclosure, Recovery Effort, As Hope Now Issues New Guidelines to Speed Up Assistance
June 19, 2008
The foreclosure inventory continues to rise, but the number of new foreclosures has declined since peaking at the start of the year, according to a new government report. Meanwhile, the Hope Now Alliance announced new guidelines this week to hasten assistance to homeowners facing foreclosure. At the end of March, foreclosures in process totaled 283,988, which rose to 1.23 percent from...