Foreclosure filings drop to five-year low in U.S. recovery

Bloomberg - Foreclosure filings in the U.S. fell to a five-year low last month as lenders sought to avoid seizing property and a housing recovery showed signs of taking hold. The number of default, auction and seizure notices sent to homeowners in April totaled 188,780, down 14 percent from a year earlier and 5 percent [...]

Source: http://www.bankreorealestate.com/real-estate-news/foreclosure-filings-drop-to-five-year-low-in-u-s-recovery.html

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