Foreclosure Filings Hit Three-Year Low
By: Newsroom Solutions
Updated: March 10, 2011
Foreclosure filings are at a three-year low.
The latest RealtyTrac report shows filings fell 14-percent from January to February as mortgage servicers continued to be hit with allegations of improper processing.
Last month's foreclosure filings dipped 27-percent from a year earlier.
That's the largest year-to-year fall since RealtyTrac started publishing its foreclosure market report six years ago.
Nevada had the highest foreclosure rate for the 50th straight month.
The latest RealtyTrac report shows filings fell 14-percent from January to February as mortgage servicers continued to be hit with allegations of improper processing.
Last month's foreclosure filings dipped 27-percent from a year earlier.
That's the largest year-to-year fall since RealtyTrac started publishing its foreclosure market report six years ago.
Nevada had the highest foreclosure rate for the 50th straight month.
