“Foreclosure fell in July, but only by a very modest amount compared to the previous month and July 2011, according to research firm CoreLogic.
In its National Foreclosure Report, it issued these statistics:
If you enjoy the content at iBankCoin, please follow us on TwitterAccording to the report, there were 58,000 completed foreclosures in the U.S. in July 2012 down from 69,000 in July 2011 and 62,000* in June 2012. Since the financial crisis began in September 2008, there have been approximately 3.8 million completed foreclosures across the country. Completed foreclosures are an indication of the total number of homes actually lost to foreclosure.”
