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Foreclosure filings up in half of US states in 2012

Lenders clearing backlogs after robo-signing settlement
Published on Jan 18, 2013

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by CareyBot

Half of U.S. states saw an annual increase in the number of foreclosure-related filings in 2012, but most of those were judicial foreclosure states where loan servicers were catching up on the backlog from the "robo-signing" controversy, according to a year-end report by data aggregator RealtyTrac.

All told, RealtyTrac reported foreclosure-related filings against 1.84 million U.S. properties in 2012, down 3 percent from 2011 and down 36 percent from a 2010 peak of 2.9 million homes.

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