The number of foreclosures is decreased to 4% in October when compared to last month in United States. The level of foreclosures is accurately where it was when compared to last year one in each 389 homes in a few period of foreclosure.
Last month was the twentieth successive month where more than 300,000 U.S. home owners obtained foreclosure filing. The number of foreclosures most likely would have been high apart from the fallout from latest robo signing argument.
California, Florida, Michigan, Illinois, and Arizona are the five states in United States account for more than 50% of the national total in foreclosures.
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