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57,256 Homeowners Receive Pre-Foreclosure Notice

In the last three months, more than 57,000 pre-foreclosure notices have been sent to homeowners across the state — including 2,917 in Erie County — who are behind on their mortgage payments, reports Buffalo News. A state law enacted last year requires servicers to notify delinquent borrowers at least 90 days before initiating foreclosure proceedings and tell them how they can avoid foreclosure. Read more…

erie county, Foreclosure, property, real estate, us, USA

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