2012-08-09bloomberg.com

U.S. foreclosure filings fell 10 percent in July from a year earlier as court rulings and new legislation slowed the process for seizing homes in some states, according to RealtyTrac Inc.

Default, auction and repossession notices were sent to 191,925 homes, or one in 686 households, the Irvine, California-based data firm said today in a statement. It was the 22nd straight decline on a year-over-year basis.


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