Based on RealtyTrac’s U.S. Foreclosure Market Report for May 2012, foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 205,990 U.S. properties in May, an increase of 9 percent from April but still down 4 percent from May 2011.
The report also shows one in every 639 U.S. housing units with a foreclosure filing during the month………………………………………..Full Article: Source