12.11.2010 - US: Home seizures drop 9pct as states probe foreclosures
From Bloomberg: Home seizures in the U.S. fell 9 percent in October from the previous month, the biggest decline in a year, as attorneys general began a nationwide probe into lender foreclosure practices, according to RealtyTrac Inc. The number of properties taken back by banks fell to 93,236 last month from a record 102,134 in September, the Irvine, California-based data seller said today in a report. Foreclosure filings, which also include default and auction notices, fell 4 percent from the previous month to 332,172 and were little changed from a year earlier..............................................Full Article: Source
Print