2012-09-13mortgagenewsdaily.com

``Twenty states had annual increases in foreclosure activity, led by judicial foreclosure states such as New Jersey, New York, Maryland, Illinois, and Pennsylvania. Foreclosure activity in the 24 non-judicial states and District of Columbia combined decreased 31 percent annually, although 15 non-judicial states and DC posted monthly increases.

Notices of Default and scheduled foreclosure auctions rose after three straight months of decline. There were first-time filings on 99,405 properties in August, a 1 percent increase from July. The number of filings was still down 13 percent from one year earlier a month when filings were at a 17 month high.''


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