May Foreclosure Activity Decreases By 6%, Up 18% Year Over Year

"After hitting a record high in April, RealtyTrac has announced that the pace of foreclosures has slowed down, and in May dropped by 6%. Nonetheless, “May foreclosure activity was the third highest month on record, and marked the third straight month where the total number of properties with foreclosure filings exceeded 300,000 — a first in the history of our report,” "