In January, foreclosure filings, which include default notices, scheduled auctions, and bank repossessions, rose 1.0 percent but were down 17 percent year-over-year, according to data from RealtyTrac. Default notices fell for the 12th straight month and are now 27 percent below year-before levels. James J. Saccacio, chief executive officer of RealtyTrac, said there have now been three straight months with fewer than 300,000 properties receiving foreclosure filings, following 20 straight months when the totals exceeded 300,000. More here, here, and here.
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