REOs Fall Amid 'Robo-Signing' Stall

REOs Fall Amid 'Robo-Signing' Stall November 11, 2010, Inman News After hitting a record high in September, bank repossessions fell 9 percent in October -- likely the result of foreclosure freezes by some major lenders, according to a report by foreclosure data site RealtyTrac. Total foreclosure activity in October -- default notices, scheduled auctions, and bank repossessions -- fell 4.4 percent from September, though remained essentially flat from October 2009. A total of 332,172 properties...(read more)