FORECLOSURE ACTIVITY UP: RealtyTrac Inc. says the number of U.S. homes receiving a first-time default notice jumped 10 percent in October from September. The number of homes scheduled to be auctioned or repossessed by lenders also posted monthly increases.
DELAYS EASING: The data are further evidence foreclosure activity is picking up. Foreclosure activity began slowing a year ago after problems surfaced with the way many lenders were handling foreclosure paperwork.
NEVADA STILL TOPS: Nevada registered the highest foreclosure rate in the nation for October, with one in every 180 households receiving a foreclosure-related notice.
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