13% Of Homeowners Are Delinquent
New numbers are coming out on foreclosures in the United States. They are not good. More than 13% of homeowners are either behind on their payments or are in foreclosure. Florida is taking a real beating in this economy. Almost 12% of all Florida home loans were in foreclosure, and there are countless more that are late on their payments.
Florida, California, Nevada and Arizona still are leading the way in foreclosures. 44% of all foreclosures are happening in these 4 states. That is shocking. What are their state governments doing about the situation? What is the Federal Government doing about the situation?
This post was submitted by Carmen Dellutri, Esq., founder of The Dellutri Law Group, P.A. Currently, the firm has offices in Port Charlotte, Fort Myers, Naples and Sarasota. Mr. Dellutri also sits on the Board of American Board of Certification. Mr. Dellutri is also one of the founders of the Bankruptcy Law Network, Debt Law Network, Credit Law Network, and Mortgage Law Network. Mr. Dellutri also writes for the firm's personal injury litigation blog. Mr. Dellutri also writes for the firm's bankruptcy blog.