Attorney generals in all 50 states launched a joint investigation into the issue. The Mortgage Bankers Association has estimated. Several major lenders temporarily suspended foreclosures to review thousands of cases for improper handling. During that time period, the negative influence of foreclosed and distressed property on the housing market will continue. The majority of backlogged foreclosures are expected to be released in the 26 judicial states that require court orders before distressed properties can be processed and released for sale. According to foreclosures Miami, many judicial states are located in the Midwest and Northeast. Home owner and non-homeowners are equally concerned. As the aspersion associated with buying a foreclosure has declined in the past few years, so has the fear of losing a home to foreclosure.

The national survey also found that the inventory of properties in the foreclosure process is about 2.4 percent of all homes with mortgages in New Hampshire, which is a slight decrease from the previous quarter but very near its record high in the fourth quarter of 2010. Defaulting home owners and Wall Street were least blamed by survey respondents. Americans blame the economy, lenders, job losses and the government equally responsible for the foreclosure issues facing the nation today.

Foreclosure unlike many stressful incidents in life happens usually with the person facing the future foreclosure knowing fully that problems will happen much before the event itself.  That is, it is a planned event although most people do not want it to occur. The foreclosure process is a long drawn out drama that can put undue stress on a family’s financial bottom line. A foreclosure Miami helps you get back on your feet by taking away your couch. for more information about forclosure homes visit on www.southfloridaforeclosurelist.com and fulfill your needs.