Laserfiche WebLink
Foreclosure. Based on information provided by MDA DataQuick Information, an <br />independent data collection service, for calendar year 2010, mortgage holders had sent <br />notices of default with respect to properties located within the City compared to <br />during calendar year 2009 (a decline of %), and 389 trustee deeds had been recorded <br />(indicating that the property has been lost to foreclosure) during calendar year 2009 compared <br />to 461 during calendar year 2009 (a decline of 15.6 %). During the first three quarters (January <br />through September) of calendar year 2011, mortgage holders sent _ notices of default and <br />recorded trustee deeds compared to notices of default sent and trustee deeds <br />recorded during the first three quarters (January through September) of calendar year 2010. <br />A summary of the notices of default sent and trustee deeds recorded for the City and the <br />County during calendar years 2008 through 2010 and for the first three quarters (January <br />through September) of calendar years 2010 and 2011 is summarized below. <br />Notices of Default I Trustee Deeds (Foreclosures) <br />First Three Quarters <br />Calendar Year (January through September) <br />2008 2009 2010 2010 2011 <br />City <br />Number <br />% Change <br />County <br />Number <br />% Change <br />First Three Quarters <br />Calendar Year (January through September) <br />2008 2009 2010 2010 2011* <br />580 461 389 <br />Source: MDA DataQuick Information. <br />[Reflects nine month period beginning January and ending September, 2011. [Update to follow, in January.]] <br />310 <br />A -16 <br />