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 reported. foreclosure starts since peaked in April 2009 at around 203,000.

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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.

“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.

Foreclosure activity in April fell nationally to the lowest level since the summer of 2007, but government intervention and the recent billion mor. no inventory!" Bank repossessions (REO) are down for the third straight month, according to RealtyTrac. Lenders took back 51,415 properties in April.

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Foreclosures down for third straight month as lenders manage backlog: realtytrac Foreclosure Data – Realtytrac | ATTOM Data Solutions – RealtyTrac is a leading provider of foreclosure data -#1 destination for foreclosure search. property characteristics Valuation MLS Solutions Ownership Mortgage Loans Sales History. Three.

Numbers don’t lie but they often don’t tell the whole story, as Irvine, CA-based RealtyTrac acknowledged today. Residential foreclosures in the first half were down 5 percent from the last six months in 2009, but only because lenders were approving short sales.

Foreclosure Backlog Piles Up.. That was down 17% from the year-ago foreclosure level, however.. the 12th straight month of year-over-year increases. Lenders seized 78,133 U.S. properties in.

"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.

Foreclosures up for third straight month . By John Hielscher. vice president at RealtyTrac. "Lenders and courts are pushing through stubborn foreclosure cases that have been languishing in.

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.

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