Foreclosure Home Videos April 2011 RealtyTrac Foreclosure Report Video

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Seven Months of Falling Foreclosures

May 11, 2011 Foreclosure activity fell on an annual basis for the seventh straight month in April, hitting the lowest monthly total since December 2007. RealtyTrac Senior VP Rick Sharga explains why. View Summary > Copy and paste this code to embed on your site Print Email Add Comment
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Sharga argues that the decreases are primarily due to a delay in foreclosure processing brought about by improper foreclosure paperwork brought to light in the fourth quarter of 2010. He points to lengthening foreclosure process timelines in many states as evidence of these delays.

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