Banks Push Fewer Homes Into Foreclosure In August

Los Angeles Times - Top News, Los Angeles Times
Thu, 09/16/2010 - 12:00am

RealtyTrac says the total was down 1% from July and 30% from August 2009. But repossessions of properties already in foreclosure hit a record last month.Big banks pushed fewer U.S. households into foreclosure for the seventh consecutive month in August, a real estate firm reported, though repossessions of properties already ensnared in the process hit a record.

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Topics:  july   august   u.s    foreclosure   banks push   properties   repossessions   hit   record   
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