Foreclosure filings hit 2-year low

Robo-signing impact may only be temporary

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The number of homes subjected to some kind of foreclosure filing was down 8 percent during the final three months of 2010 compared to the same period a year ago, according to the latest numbers from data aggregator RealtyTrac.

The drop was attributed to controversy surrounding foreclosure documentation and procedures that prompted many major lenders to temporarily halt some foreclosure proceedings.

All told, 799,064 homes were hit with foreclosure-related filings, RealtyTrac said — a 14 percent drop from the third quarter, and the lowest total in two years.