US DATA: Oct CoreLogic National Foreclosure Report finds 58,000 completed
foreclosures vs 77,000 in Sept (-25%) and 70,000 in Oct’11 (-17% YOY). Prior to
the decline in the housing market in 2007, completed foreclosures averaged
21,000/mo from 2000-06. Since Sept’08, there have been approximately 3.9 million
completed foreclosures. See MNI Main wire.