Lenders filed 135,431 mortgage default notices against California homeowners during the first quarter of 2009, real estate information service MDA DataQuick reported yesterday.
That's an all-time high compared against the firm's entire defaults database, which dates back to 1992.
The first quarter numbers are up 80% from 4th quarter 2008 and up 19% from same period last year. The spike in notices is the result of the recession and of lenders playing catch-up after a temporary lull in foreclosure activity, DataQuick said.
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