Foreclosures Drop Significantly

The Office of the Comptroller of the Currency stated that loans in any stage of the foreclosure process dipped below 1 million by the end of 2012, showing a significant improvement for the first time since 2011. The amount of foreclosures completed in the last few months of 2012 also fell 8.9% from the previous year and totaled 105,875 to close the year according to the OCC report. More here

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