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by CareyBot

The number of properties subjected to foreclosure-related filings increased 5 percent from the second quarter to the third, driven by a 21 percent increase in bank repossessions, data aggregator RealtyTrac said today.RealtyTrac said the number of properties hit with foreclosure-related filings dropped 4 percent from August to September, to 343,638, but that number still represented a 29 percent increase from a year ago, and the third-highest monthly total since the downturn began. The 937,840 homes subjected to foreclosure-related filings during the third quarter represented a 23 percent increase from a year ago. One in 136 U.S. homes was subjected to a filing, the highest rate in records dating back to the first quarter of 2005.Not all homeowners who enter the foreclosure process end up l...