Foreclosures down for third straight month as lenders manage backlog: RealtyTrac

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It was the second-straight month of declines following three months of increases, Irvine, Calif.-based RealtyTrac. backlog of pending cases during an industrywide slowdown in foreclosures last year.

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Buying Foreclosures From HUD Foreclosure filings on U.S. homes in September fell to their lowest level in five years, but some states are still seeing their foreclosures rise, a report from RealtyTrac said on Thursday.

Lenders initiated foreclosure. the second quarter of 2006, foreclosure listing firm RealtyTrac Inc. said Thursday. Foreclosure starts declined 13 percent from the previous quarter and were down 39.

Foreclosure filings in October rose 7 percent from the previous month, RealtyTrac said Thursday.. for Third Straight Month. in Foreclosure, from the previous month, but was still down 36.

"Lenders. in the third quarter, taking a bite out of the backlog of distressed properties where the foreclosure process was delayed by foreclosure prevention efforts over the past 20 months," said.

Florida posted the nation’s highest foreclosure rate in November for the third month in a row, with foreclosure starts climbing 6 percent over the year before, data released today from RealtyTrac..

Foreclosure Activity Increases for Third Straight Month 11/09/2011 By: Carrie Bay Foreclosure filings in October rose 7 percent from the previous month, RealtyTrac reported Thursday. Including default notices, scheduled auctions, and bank repossessions – which all increased month-over-month – filings were reported on 230,678 U.S. properties in October.

Daren Blomquist, a Vice President at RealtyTrac, has proclaimed that we have “past the worst of the foreclosure crisis.’ He points to what he claims to be a five-year low, along with year-over-year decreases in foreclosures for the twenty-fourth consecutive month as the evidence. The only thing any of this is evidence of is that Mr. Blomquist is thick in the head.

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Foreclosures down for third straight month as lenders manage backlog: realtytrac liquidation rates shrink, despite rise in short sales: Morningstar Homebuilder spring selling season off to solid start

Foreclosure filings in the United States fell to a five-year low last month as lenders sought to. in April totaled 188,780, down 14 percent from a year earlier and 5 percent from the previous month.

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 · All told, 89,209 homes entered the foreclosure process in October, up 2 percent from September, but down 19 percent from October last year, RealtyTrac said. Lenders.