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Oct 18

Foreclosure Rate Drops For The 12th Straight Month

Foreclosure activity continues to slow throughout the United States. According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings dipped below 215,000 in September 2011, a 6 percent decrease from August. A "foreclosure filing" is defined as any foreclosure-related action including Notice of Default, Scheduled Auction, or Bank Repossession. September marks the 12th straight month in which foreclosure filings fell year-over-year. There are … [Read more...]