September foreclosures fall

topic posted Thu, October 11, 2007 - 10:23 AM by  Viking
Mortgage delinquencies slip 8% nationwide; Sun Belt, Rust Belt states continue to dominate top foreclosure rates, according to a monthly survey.

NEW YORK (CNNMoney.com) -- The number of foreclosures across the country dropped in September, falling 8 percent from a 32-month high in August, according to a regular monthly survey.

Delinquencies and defaults fell to 223,538 filings, according to the latest data from RealtyTrac, an online marketer of foreclosure properties.

RealtyTrac also reported that nationwide numbers were down in all foreclosure categories, which include default notices, auction sale notices and bank repossessions, with 39 states reporting decreased activity.

Read more . . . money.cnn.com/2007/10/11/...es/index.htm
posted by:
Viking
SF Bay Area

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