Articles tagged with: foreclosure filings
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Banks Took Back More Homes in Palm Beach County
1,113 homes were taken back by lenders in Palm Beach County in May. This was 56% higher than in April and 38% higher than at the same time in 2010.
Why this increase? Judges don’t want to cancel foreclosure sales because there is such a backlog of foreclosure cases, according to a recent report in the Sun-Sentinel.
In Broward County, lenders took back 733 homes during the same period.
So what are the trends in foreclosure filings? Palm Beach …