foreclosure activity sinks to a five-year lowforeclosure activity in the u.s. fell last month to its lowest level since the start of the credit crisis in 2007, driven largely by drops in states such as california, where the process occurs outside of the courtroom.us foreclosure trends improved april, but state-level data point to more repossessions aheadnational foreclosure trends took a positive turn in april, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.fed releases video on foreclosure reviewsthe fed posted a video on its website explaining how homeowners who were financially harmed by a mortgage foreclosure can apply for a free, independent foreclosure file review.foreclosure activity drops in aprilthe number of foreclosure filings in april fell to the lowest monthly total since july 2007, according to realtytrac’s most recent report, released on thursday. |
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