2013-01-21nuwireinvestor.com

Foreclosures slowed between a peak in 2010 and the close of 2012 due to pending legal action against big banks and growing demand by the federal government that foreclosure practices be better executed and monitored. Now that settlements have been reached and a U.S. housing recovery is in progress, however, many experts expect foreclosure activity to increase in 2013 and beyond. Despite a national decrease in the average, foreclosures still rose in 25 states during the two-year moratorium and now the rest may be poised to play catch-up.


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