Number of homes lost to foreclosure continues to fall

CoreLogic: 1.4 million homes still in some stage of foreclosure process

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The number of U.S. homes lost to foreclosure dropped for the fifth month in September, with real estate data aggregator CoreLogic counting 57,000 completed foreclosures in a monthly foreclosure report released today.

That’s a 31.3 percent decrease from a year ago, and 3.4 percent less than August’s upwardly-revised total of 59,000. By comparison, for a span of six years before the housing crisis, from 2000 to 2006, completed foreclosures averaged 21,000 per month, the report noted.