April Home Seizure, Up 45%, Sets Mark

Home foreclosures climbed to a record in April, according to a report by RealtyTrac Inc.

Bank repossessions rose to 92,432 in April, up 45% from a year earlier, the Irvine, Calif., data firm said Thursday. Foreclosure filings, including default and auction notices, fell 2%, to 333,837. One of every 387 households received a filing.

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