Top 10 highest foreclosure rates: Las Vegas leads

RealtyTrac: Notices of default drop, REOs at record high

Let's make 2018 your breakout year!
Join real estate's best to unlock growth at Connect SF, July 17-20, 2018

Fewer people received mortgage default notices in April, according to a report by foreclosure data company RealtyTrac. At the same time, bank repossessions shot up to a new monthly high.

"(Those) were two important milestones … that show foreclosure activity has begun to plateau — but at a very high level that will not drop off in the near future," said James J. Saccacio, ReatyTrac’s CEO, in a statement.