"Florida continued to post the highest foreclosure rates last month, followed by New Jersey, Maryland, Nevada and Ohio."
6/18/15, "U.S. foreclosure activity up in May as bank repossessions rise," Reuters, Elvina Nawaguna
"Bank
repossessions rose again last month, driving overall U.S. foreclosure
activity to a 19-month high on an annual basis, industry firm RealtyTrac
said on Thursday.
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A
total of 126,868 homes across the country were at some point in the
foreclosure process in May, up 1 percent from April and up 16 percent
from the same time last year, RealtyTrac said.
Foreclosure activity includes foreclosure notices, scheduled auctions and bank repossessions. Lenders reclaimed a total of 44,892 homes in May, down 1 percent from April but up 58 percent from a year ago. May was the third straight month of annual increases in bank repossessions, which remained far below the peak in September 2013 when lenders reclaimed 102,134 properties....
Foreclosure activity includes foreclosure notices, scheduled auctions and bank repossessions. Lenders reclaimed a total of 44,892 homes in May, down 1 percent from April but up 58 percent from a year ago. May was the third straight month of annual increases in bank repossessions, which remained far below the peak in September 2013 when lenders reclaimed 102,134 properties....
A total of 49,413 properties were scheduled for auction in May, up 6 percent from the prior month, up 5 percent from May 2014.
Florida continued to post the highest foreclosure rates last month, followed by New Jersey, Maryland, Nevada and Ohio, RealtyTrac said."
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