Foreclosures down for third straight month as lenders manage backlog: RealtyTrac

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The number of homes entering the foreclosure process, so-called foreclosure starts, fell to 87,066 in September, down 12 percent from August and 15 percent from a year earlier. It was the second-straight month of declines following three months of increases, Irvine, Calif.-based RealtyTrac reported.

Foreclosures down for third straight month as lenders manage backlog: RealtyTrac Liquidation rates shrink, despite rise in short sales: Morningstar homebuilder spring selling season off to solid start

Foreclosures up for third straight month . By John Hielscher. vice president at RealtyTrac. "Lenders and courts are pushing through stubborn foreclosure cases that have been languishing in.

That’s down 3 percent from September, the third straight monthly decline. But national foreclosure filings are still up 19 percent from a year ago, RealtyTrac. struggling to manage the onslaught..

Foreclosures down for third straight month as lenders manage backlog: RealtyTrac Liquidation rates shrink, despite rise in short sales: Morningstar Homebuilder spring selling season off to solid start

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Lenders repossessed 53,478 homes last month, a drop of less than 1 percent from the previous month, down 21 percent from October 2011. Home repossessions have declined on a monthly basis the past.

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Foreclosure activity in April fell nationally to the lowest level since the summer of 2007, but government intervention and the recent billion mor. no inventory!" Bank repossessions (REO) are down for the third straight month, according to RealtyTrac. Lenders took back 51,415 properties in April.

Foreclosure filings were down for the second straight month, but bank repossessions reached a new monthly record, according to online foreclosure marketplace, RealtyTrac.There were 322,920.

Foreclosure filings on U.S. homes in September fell to their lowest level in five years, but some states are still seeing their foreclosures rise, a report from RealtyTrac said on Thursday.