ANAHEIM, Calif. - TRW Redi Property Data, a nationwide real estate information company, reports that repossessions of residential and commercial real estate in Southern California fell by 5% in the third quarter from the level a year earlier.

The numbers, which are based on deed records, show that between July and September, lenders took back a total of 14,159 properties with a combined mortgage value of $2.5 billion.

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