Home Foreclosures Down to 2007 Levels

The number of houses foreclosed on during last year dropped to 1.89 million in 2011, a decrease of 34 percent from 2010 foreclosures. The drop was largely influenced by the “robo- signing” scandal that lenders faced recently.

Foreclosure numbers are expected to increase during 2012 as foreclosure filing numbers started rising again during the 4th quarter of 2011.

Find out more about the foreclosure process and how you can prevent the bank from taking your home:

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