From USA TODAY:
The pace of foreclosures has slowed since revelations that thousands of foreclosure documents may have been improperly prepared, but for all 2010, almost 2.9 million U.S. properties received foreclosure filings, a record high, and up 2% from 2009.
Nationwide, 1 in 45 homes received at least one foreclosure filing during the year. In December, actual bank repossessions nationwide totaled 69,847, down 24% from December 2009 but up 4% from November.
Foreclosure filings were off 26% last month from December 2009, RealtyTrac reports today. In November, filings were down 14% year over year. The December drop was the biggest in at least five years. December’s foreclosure filings are the lowest monthly total since June 2008, RealtyTrac says…
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