Sentence examples for concentration of foreclosures from inspiring English sources

"The concentration of foreclosures is just unbelievable".

In dozens of communities in South and West Cook County, the concentration of foreclosures -- the number of foreclosed homes per 1,000 residential properties -- is on a par with Chicago's.

Real estate experts attribute the high concentration of foreclosures to numerous factors including the strong protections built into Illinois law to protect borrowers, the impact of the "robo-signing" investigation by the Illinois attorney general, and the reluctance of banks to dump properties at prices far below the value of mortgage loans on their books.

The community area with the highest concentration of foreclosure auctions in the City of Chicago, Washington Park, also has the second highest rate of long-term vacancies.

For starters, federal aid should be directed toward those communities with the heaviest concentrations of foreclosures and homeowners at risk.

Most at risk, it appears, are communities in the states with the greatest concentrations of foreclosures — led by Nevada, Florida, Arizona and California — where the turnover of vacant properties could screech to a halt if a joint investigation being conducted by all 50 states, and reviews by the Obama administration and regulators like the Federal Reserve, uncover additional wrongdoing.

"We have seen for the last 10 years a very serious problem with the concentration of high-cost loans, foreclosures and people losing their homes," she said.

The rate of foreclosures remains high.

The result was a wave of foreclosures.

That would increase the number of foreclosures.

As of July only California and Arizona had higher rates of foreclosures.