Industry News

Real estate foreclosure activity rises in California

Notices of default increase 15.6 percent
Published on Feb 2, 2006

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by CareyBot

Foreclosure activity in California edged up in fourth-quarter 2005, according to DataQuick Information Systems, a real estate information service. Lending institutions sent 14,999 default notices to California homeowners from October to December, up 19 percent from 12,606 for the third ...