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Los Angeles County foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month.
Are you or someone you know behind on your mortgage payments and facing a foreclosure? A big number of Los Angeles foreclosures will be fixed with the $100 million received by the city from the second Neighborhood Stabilization Program funding round of the U.S.
The consortium Chicanos Por La Causa, which is operating in several states, got $30.8 million to fund its community projects in California. According to LA Mayor Antonio Villaraigosa, the grant was great news for residents of the city.

Mortgage defaults also increased in the Los Angeles metro area in November, with 11.4 percent of all homeowners with mortgage loans in default by at least three months. In December, foreclosures slowed down in California as major lenders suspended their filings to allow homeowners to enjoy the holidays. However, housing analysts said that the pace of Los Angeles foreclosures and foreclosure activity in other parts of California will step up in 2010 as job losses continue to increase.
Property by address 1246 West 82Nd Street, Los Angeles, CA 90044 is no longer listed for sale on Los Angeles Foreclosures. Home price appreciation is based on month-over-month percentage change of the Home Price Index.

In addition to the $100 million it received, the consortium Los Angeles Neighborhood Housing Services was also granted with another $60 million to be spent for housing rehabilitation in the city, including buying and repairing fixer uppers for lower income families. He said the money will be used to acquire and rehabilitate Los Angeles foreclosures and turn them into good but cheap houses for working class households.

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