N.J. foreclosures down but could be calm before deluge

Foreclosure filings are down 86 percent in 2011 from last year in New Jersey, but housing attorneys fear this is only the calm before the deluge.

Lenders will be looking to file an estimated 28,500 foreclosures, and another 55,000 mortgage loans are currently more than 90 days behind, according to LPS Applied Analytics.

Read the full article from New Jersey Newsroom