Foreclosures down 21% in November; biggest decline in 5 years

    

Foreclosure filings in the U.S. fell 21% from October to November, the biggest monthly drop in at least five years, the research firm RealtyTrac said. The decline was caused by a combination of the traditional slowdown of foreclosure activity around Thanksgiving and delays imposed by lenders after revelations of widespread misconduct in the preparation of foreclosure documents, experts said. Full story here

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