Loading…
Tuesday, October 21, 2014
Current Weather
Loading Current Weather....
Published: Friday, 3/30/2012

Foreclosures of homes in U.S. fall in February

BLADE STAFF AND NEWS SERVICES

LOS ANGELES -- The number of U.S. homes stuck in foreclosure ebbed in February from the year- earlier month, data show.

About 1.4 million homes, or 3.4 percent of all homes with a mortgage, were in foreclosure last month, down from 1.5 million in February, 2011, California research firm CoreLogic said Thursday. That was flat compared with January.

Banks completed about 65,000 foreclosures last month, or about 1,000 more than in February, 2011, and 10,000 more than in January, the research firm said.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories