foreclosure activity sinks to a five-year lowforeclosure activity in the u.s. fell last month to its lowest level since the start of the credit crisis in 2007, driven largely by drops in states such as california, where the process occurs outside of the courtroom.billion dollar bait & switch: states divert foreclosure deal fundsstates have diverted $974 million from this year's landmark mortgage settlement to pay down budget deficits or fund programs unrelated to the foreclosure crisis.foreclosure rates drop in grand rapidsdecrease is a reflected of year-to-year trend. foreclosures bounced up slightly in the grand rapids-wyoming housing market in march, but the area's foreclosure rate is down about a third of a point compared to last year.foreclosure starts continue to fall in nevada, the westforeclosure starts continued to decline in nevada and other western states in april, offsetting small gains in new foreclosure filings from the previous month, foreclosureradar.com listing service reported tuesday. in clark county, notice of default filings |
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