Home Seizures Rise as Banks Adjust to Foreclosure Flow

Home seizures in the U.S. rose 5.4 percent last month, the first annual gain in two years, as lenders seek to manage the flow of distressed properties without disrupting the housing recovery, according to RealtyTrac. Banks repossessed 59,134 homes, up from 56,124 from November 2011, the Irvine, …

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Home Seizures Rise as Banks Adjust to Foreclosure Flow

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