Comments on: The Sensationalizing of Foreclosure Figures http://foreclosureresearch.com/2008/10/the-sensationalizing-of-foreclosure-figures/ The Truth About Foreclosure Data Thu, 21 Apr 2011 04:19:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sean OToole http://foreclosureresearch.com/2008/10/the-sensationalizing-of-foreclosure-figures/comment-page-1/#comment-8 Sean OToole Fri, 17 Oct 2008 15:23:11 +0000 http://foreclosureresearch.com/?p=117#comment-8 Actually ForeclosureRadar.com has been issuing a regular monthly CA Foreclosure Report since foreclosure figures began dramatically rising in early 2007. Nationwide providers are sometimes more widely reported, but ForeclosureRadar has now long been recognized as one of the best providers of foreclosure data in California - used by everyone from small home town papers to 60 Minutes. If you had read our report you will see the dramatic decline is due to California Senate Bill 1137. Filings literally dropped by 90% the day it went into effect. Nothing sensational, just a dramatic change based in fact. It is important for the reason behind the change to be widely reported as it could be easily misinterpreted. Finally, as for accuracy ForeclosureRadar regularly audits its counts against county recorder records, and will GLADLY submit to comparison of the accuracy of its data to any of the nationwide sources mentioned above. A number of media outlets have tested us against the other (simple to do at your local county recorder), prior to switching to us as their exclusive source. We invite you to do the same. Best Regards, Sean O'Toole ForeclosureRadar.com Actually ForeclosureRadar.com has been issuing a regular monthly CA Foreclosure Report since foreclosure figures began dramatically rising in early 2007. Nationwide providers are sometimes more widely reported, but ForeclosureRadar has now long been recognized as one of the best providers of foreclosure data in California – used by everyone from small home town papers to 60 Minutes.
If you had read our report you will see the dramatic decline is due to California Senate Bill 1137. Filings literally dropped by 90% the day it went into effect. Nothing sensational, just a dramatic change based in fact. It is important for the reason behind the change to be widely reported as it could be easily misinterpreted.
Finally, as for accuracy ForeclosureRadar regularly audits its counts against county recorder records, and will GLADLY submit to comparison of the accuracy of its data to any of the nationwide sources mentioned above. A number of media outlets have tested us against the other (simple to do at your local county recorder), prior to switching to us as their exclusive source. We invite you to do the same.

Best Regards,
Sean O’Toole
ForeclosureRadar.com

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