Business News • MarketWire • U.S. Foreclosure Activity Increases 3 Percent in April to 18-Month High Driven by Rising Bank Repossessions

U.S. Foreclosure Activity Increases 3 Percent in April to 18-Month High Driven by Rising Bank Repossessions

U.S. Foreclosure Activity Increases 3 Percent in April to 18-Month High Driven by Rising Bank Repossessions

Bank Repossessions (REOs) at 27-Month High, Still 56 Percent Below Peak; Foreclosure Starts and Scheduled Foreclosure Auctions Continue to Decline; Highest State Foreclosure Rates in Florida, Nevada, Maryland and New Jersey

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