Homeowners Avoid Foreclosure in the Second Quarter

A little good news for the housing market. HOPE NOW, a private sector alliance of mortgage service reps, counselors, and investors working to prevent foreclosures, reported today that it helped a record number of homeowners avoid foreclosure in the second quarter, completing more than 522,000 mortgage workouts for loans that were headed for default.*To read the full post, please visit the San Diego California real estate blog