"Banks are seizing more foreclosed homes even as the number of people falling behind on their mortgages is declining.
Bank repossessions hit a record monthly high in May, according to RealtyTrac, the online marketer of foreclosed properties. Lenders took back 93,777 properties, up 1% from the previous month's record and 44% from the same period a year earlier."
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Banks seizing more foreclosed homes
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