fha mortgage loans, local mortgage broker, midwest family lending

(515) 252-7107


Mortgage Industry News

« Return to Mortgage Industry News

Foreclosure Normalization: An End that Never Comes

Tuesday, September 8, 2015

Foreclosure statistics continue to fall, month after month but seemingly never reach bottom or even normal levels.  Anyone care to revisit Zeno's Third Paradox?

Snark aside, it is good news that July was another month that saw an ebbing role for foreclosures in housing.  CoreLogic's National Foreclosure Report shows the month with significant declines in both completed foreclosures and legal actions in process compared to a year earlier and what are becoming typical month-over-month declines.

Completed foreclosures numbered 38,000 in July compared to 50,000 a year earlier, an annual decrease of 24.4 percent.

Read Full Article


This is our second time dealing with Mark and we wouldn't think to go with anyone else. He is always professional, prompt, and incredibly educational. There are never any surprises with Mark, as he always goes the extra mile to provide us with the best service possible. He has a way about him that set us at ease. When he says he will get something done, you can be guaranteed that it is taken care of. We honestly can't say enough good things about Mark. He is the reason we keep coming back!
Barry G.