Increase signals banks are moving more aggressively against borrowers who have fallen behind on mortgage payments
More U.S. homes are entering the foreclosure process, but they're taking ever longer to get sold or repossessed by lenders.
The number of U.S. homes that received a first-time default notice during the July to September quarter increased 14 percent compared to the second quarter of the year, RealtyTrac Inc. said Thursday.
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