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June

25

2015

2.8 - Foreclosures tick up as lenders work through backlog

Clearing of inventory, other signs indicate progress toward real estate recovery

BOSTON, August 23, 2012 --- After months in which lenders have struggled to work through the backlog of properties in default, there are signs that foreclosure activity is picking up and that the real estate market may be inching closer to recovery.

June

25

2015

2-5. Foreclosure activity slow to resume

Bank processing continues to lag in wake of legal challenges

BOSTON, Feb 27, 2012 --- Despite predictions that foreclosure activities would increase once lenders put various legal challenges behind them, foreclosure distress has declined since a year ago and remains at less than half of what it was during its peak in 2010.