Foreclosures Up Year-Over-Year: Is the Dam Finally About to Burst?

Foreclosures Up Year-Over-Year: Is the Dam Finally About to Burst?

https://360legal.net/blog/foreclosures-up-year-over-year-is-the-dam-finally-about-to-burst/ The foreclosure market is showing significant signs of acceleration in 2025, with foreclosure starts jumping 7% in the first half of the year compared to 2024. Over 140,000 loans entered foreclosure proceedings, while REO actions surged 12% as lenders repossessed 21,000 properties. Even more striking, foreclosures are now being completed 21% faster than last year, averaging just 645 days nationwide. Market dynamics are shifting dramatically as consumer debt hits a record $18.2 trillion, mortgage delinquencies rise for two consecutive quarters, and FHA loans face tightening loss mitigation programs. With 775,000 FHA loans currently delinquent and new restrictions on partial claims programs, the second half of 2025 could see the highest foreclosure activity since 2019. This isn’t a foreclosure tsunami, but rather a slowly rising tide returning the market to more normal conditions after five years of artificially suppressed activity.

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Serving Legal Documents at The Workplace: What You Need to Know

Serving Legal Documents at The Workplace: What You Need to Know

Receiving legal documents can be unsettling, even more so when it happens at your workplace. This article demystifies the process, explaining when and how legal documents can be served at your job, the professionalism involved, and what your rights are. For legal professionals, 360 Legal ensures discrete, compliant service, upholding due process while minimizing workplace disruption.

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Why Can’t the Person Who Filed the Lawsuit Serve the Papers?

Why Can’t the Person Who Filed the Lawsuit Serve the Papers?

The legal system has specific rules for serving legal documents, and these rules generally prohibit the person who filed the lawsuit from personally delivering the papers. This article will explain the reasons behind this requirement and why using a professional process server is essential. 360 Legal ensures proper service of process, protecting your case’s integrity.

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What Does a Process Server Actually Do?

What Does a Process Server Actually Do?

Process servers are vital to the legal system, ensuring the accurate and timely delivery of legal documents. 360 Legal provides reliable service of process, protecting legal professionals from the risks of improper service. Our commitment to integrity and client protection ensures that your legal documents are in capable hands, allowing you to focus on your case with confidence. Contact 360 Legal today for process service with integrity.

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Relax, it is 360 Legal!

At 360 Legal, our goal is to become a trusted Process Server partner for our clients. We understand that the legal services we provide represent your firm and that frequently the Process Server is the initial contact that your firm has with a defendant.

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Foreclosures Up Year-Over-Year: Is the Dam Finally About to Burst?

By: Rick Sharga, Founder & CEO, CJ Patrick Company ATTOM released its Mid-year 2025 Foreclosure Report, noting that foreclosure activity – foreclosure starts, notices of sale, and REO actions were up almost 7% compared to the first half of 2024. Is this – finally...

Serving Legal Documents at The Workplace: What You Need to Know

Understanding Workplace Service: Discretion Meets Due Process The notion of being served legal documents at one's workplace can evoke a sense of anxiety and professional embarrassment. However, under the rules of civil procedure in many jurisdictions, a place of...

Technology and Transparency: Innovations in Process Serving

In today's fast-paced legal landscape, process serving companies must embrace technology to enhance transparency and efficiency. At 360 Legal, we have integrated innovative technological solutions into our operations, ensuring our clients receive the highest level of...

Why Can’t the Person Who Filed the Lawsuit Serve the Papers?

Understanding the Impartiality Requirement in Service of Process When involved in a legal dispute, it might seem straightforward to simply hand over the court documents yourself. However, the legal system has specific rules for serving legal documents, and these rules...

What Does a Process Server Actually Do?

The legal system relies on various professionals to ensure its smooth functioning. The process server plays a crucial role, though their work is often misunderstood. In this article, we will explore the essential functions of a process server and why their services...

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