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Saturday, April 30, 2016

State of mortgage foreclosure filings in Pennsylvania

HARRISBURG—Residential mortgage foreclosure filings continue to decline in Pennsylvania with a 5 percent decrease during 2014-2015, and a 14 percent decrease the previous year.
 
In Pennsylvania, lenders are required to provide evidence of overdue payments to the court before foreclosing.  Overall, mortgage foreclosure filings make up the largest percentage of civil cases filed (20 percent) in Pennsylvania courts.