RealtyTrac reports foreclosure filings rise 3% in January

 · RealtyTrac® , the leading online marketplace for foreclosure properties and real estate data, today released its U.S. Foreclosure Market Report for January 2013, which shows foreclosure.

LOS ANGELES (AP) — A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a.

In August, the number of properties that received a foreclosure filing in Montgomery, AL was 3% higher than the previous month and 36% higher than the same time last year, according to RealtyTrac.com.. Montgomery AL Foreclosure Status. The current distribution of foreclosures based on the number of active foreclosure homes in Montgomery, AL.

Genpact Mortgage Services to lay off 65 employees in Richardson, TX I first created this list in February 2007, back when scores of mortgage companies were consolidating, laying off employees, sending out scary warnings, and going out of business. Around that time, some 2.33% of all U.S. mortgages were delinquent, a number which was sure to rise over the following years as the full extent of the mortgage crisis.

 · Florida had the second-highest number of homes in default or foreclosure with 30,178 in January, more than double the figure for the prior year and 3% less than in December. Arizona, Colorado, Massachusetts, Georgia, Connecticut, Ohio and Michigan rounded out the top 10 states worst off in terms of missed payments and property seizures, RealtyTrac said.

A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according.

One has to hope that foreclosure data reported on Thursday by RealtyTrac is a sign that states are wrapping up the foreclosure crisis that has been ongoing since 2008, not that it signals further.

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 · That number was a 3% drop from. The lenders are becoming much more aggressive in agreeing to short sales," he explains. This has likely helped lead to a drop in the number of filings in the West. Foreclosure activity is down in Arizona, California and Nevada – states that were hard hit by the foreclosure crisis – according to RealtyTrac.

Real estate data firm, RealtyTrac, reports that 315,716 properties received a notice of default, auction or bank seizure — that’s one in every 409 households. Foreclosure filings also fell in January.

according to a report released Thursday. RealtyTrac, an online marketer of foreclosed properties, said that 851,000 homes have been repossessed by lenders since August 2007. In September, 265,968.

The Dow jones industrial average lost 0.3. Foreclosures rise: Foreclosure filings nationwide climbed 57% in January over the same month last year – another indication that the nation’s housing woes.

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