Industry NewsMarkets & Economy

October foreclosure filings climb

Slowdown seen in some states with new laws
Published on Nov 13, 2008

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Foreclosure-related filings were up 5 percent in October from a month ago and 25 percent from a year ago, data aggregator RealtyTrac said today, despite declines in filings in some states that have passed laws intended to slow the foreclosure process down.

RealtyTrac said Nevada, Arizona and Florida had the highest rate of foreclosure-related filings, which include default notices, auction sales and bank repossessions.

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