U.S. foreclosure filings fell last month as delinquent homeowners got a holiday break, RealtyTrac reported.
A total of 224,394 properties received notices of default, auction or repossession, down 14 percent from a year earlier, the Irvine, California-based data seller said Thursday in a report. One in 579 U.S. households got a filing, compared with one in 563 in October, a decline partly the result of a holiday eviction moratorium by mortgage giants Fannie Mae and Freddie Mac, said RealtyTrac Chief Executive Officer James J. Saccacio.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]