Repossessions and resales of principal residences after 1997 tax law.: An article from: The National Public Accountant

Repossessions and resales of principal residences after 1997 tax law.: An article from: The National Public Accountant

This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on May 1, 1998. The length of the article is 3843 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Applications of the nonrecognition provision on real property reposses

Rating: (out of reviews)

List Price: $ 5.95

Price: $ 5.95

National foreclosure rates surge, biggest jump in 5 years

National foreclosure rates surge, biggest jump in 5 years
LOS ANGELES A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report. RealtyTrac Inc. said Thursday that the number of U.S. homes taken over by banks jumped 35 percent in the first quarter from a year ago. In addition, households facing …

Read more on Marshfield News Herald

What is the current national foreclosure rate?

I keep seeing in the news that foreclosure’s are up XX% in the last year. What they never say is what the foreclosure rate actually is. I mean if it’s up to 4% from 3%, that’s a dramatic 33% increase, but it also means that there are still 96% of people still paying their mortgages.

I just want to know what the real number is.