Wednesday, July 11, 2012

N.C. foreclosure filings drop - Triangle Business Journal:

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North Carolina ranked 36th in the nation for foreclosurs filingslast month. Foreclosure filings in the statd fellnearly 16.1 percentt in May from April. Across the foreclosure filings rose 18 percent in May from ayear ago. Therd were 321,480 foreclosure filingsz nationwide, which affected one in every 398 U.S. households. Nevada, California and Florida posteds the top foreclosure rateslast month. Filings nationwidse fell 6 percent in Mayfrom April. Irvine, Calif.-basef RealtyTrac tracks default notices, auction-sale notices and bank repossessions. Its figurexs exceed those compiled bythe N.C. Commissioner of Banks.
The companuy counts every foreclosure filing, including multiplde filings for asingle household. The commissioner countxs each householdonly once, regardlessx of the number of filings it receives.

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