Friday, November 11, 2011

Economy Watch: Foreclosures Jump in October, Still Low Compared With 2010

Foreclosure activity nationwide was up 7 percent in October compared with September, according to foreclosure specialist RealtyTrac on Thursday. But foreclosure activity — which for RealtyTrac includes the spectrum of default notices, scheduled auctions and bank repossessions — was down a considerable 31 percent compared with October 2010. Things haven’t been quite the same since robo-signing became frowned upon, it seems.

Read more...Economy Watch: Foreclosures Jump in October, Still Low Compared With 2010

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