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

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Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. Short Sales Outnumber Foreclosure Sales For Third Straight Quarter and Housing Analysis. Troy & Susan Deierling, Realtor. Foreclosure, RealtyTrac,

The percentage of mortgage-holding homeowners who were at least two months behind on their payments sank in the third. lenders to tackle their backlog of foreclosure cases. Fourteen states saw an.

Short Sales Outnumber Foreclosure Sales For Third straight quarter foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. In its Q3 2012 report , RealtyTrac says that 193,059 homes in some stage of foreclosure were sold, accounting for 19% of all residential home sales.

BOSTON — U.S. lenders started foreclosures on more properties in the third quarter, the first increase in a year, as a backlog stemming from claims of faulty home seizures began to ease.

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"I think it’s a combination of still a backlog of delayed foreclosures that needed to be dealt with in Ohio that the lenders are finally pushing through," said Daren Blomquist, RealtyTrac.

The percentage of mortgage-holding homeowners who were at least two months behind on their payments sank in the third. lenders to tackle their backlog of foreclosure cases. Fourteen states saw an.

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.

Treasury relaxes rules to free-up HAFA short sales DBRS settles with SEC over misrepresenting mortgage bond rating capabilities Tuesday, General Electric Co. (), said that it has reached a settlement with the Securities and Exchange Commission, or SEC, to conclude the regulator’s investigation of accounting issues at GE, by paying a civil penalty of $50 million.The diversified industrial conglomerate noted that the settlement was made without admitting or denying allegations of any wrongdoing.Treasury relaxes rules to free up short sales via HAFA (Home Affordable Foreclosure Alternatives) HAFA and HAMP’s failures have resulted in the Treasury easing eligibility rules to help investors pursue short sales and deed-in-lieu purchases.

More than 315,000 households received a foreclosure-related notice in January, RealtyTrac Inc. reported Thursday. That number is down nearly 10 percent from 349,000 in December, which saw the third.

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"More Illinois homeowners are entering the foreclosure process, and more are losing their homes," Daren Blomquist, vice president at Irvine, California-based RealtyTrac. month in 2012 and break the.

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Foreclosure activity appears to finally be on a downward track, although the road is still a rough one in many states. The RealtyTrac U.S. Foreclosure Market Report for shows that foreclosure filings.

ANC On The Money: Making Money From Foreclosed Properties Illinois foreclosures continued to rise in November from a year ago, recording their 11th straight month. Blomquist, RealtyTrac vice president, said in the report. "But foreclosures are continuing.

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