New data shows a sharp increase in foreclosure filings during the first quarter of the year, with judicial states seeing some of the steepest rises. As lenders ramp up recovery efforts, legal experts urge borrowers to explore all alternatives before defaulting. Loan modification, mediation, and surplus fund claims remain critical tools for financial recovery amid the crisis.
Foreclosure Filing Rates Spike 30% in Q1 — What It Means for Homeowners
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