NPR News reports that the foreclosure system is still clogged with unforeclosed houses: Repossessions of homes by lenders from September to October fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly.
The data is from the foreclosure listing firm RealtyTrac, Inc.
See the whole thing at:
http://www.npr.org/templates/story/story.php?storyId=131240587
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