Property Foreclosures Rise in June

Summary


Property foreclosure rates in Evansville increased during June compared to the same period a year ago - and so have mortgage delinquency rates.

Chris Dickson, president-elect of the Evansville Area Association of Realtors and an ERA First Advantage Realty agent, said he believes the lifting of a federal moratorium on lenders to foreclose may be a contributing factor.

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Extract


Property Foreclosures Rise in June

Michael J. Alley, chairman and chief executive officer of Integra Bank, disagreed, saying he doesn't believe the lifting has had a material impact on local foreclosures.

Instead, he said, he believ...

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