On the wane: US homes entering foreclosure path, repossessed by lenders fell sharply in 2013

  • by: ALEX VEIGA , Associated Press
  • Updated: January 15, 2014 - 11:15 PM

LOS ANGELES — The number of U.S. homes that got started on the path to foreclosure fell last year to a low not seen since before the high-flying days of the housing boom, the latest evidence that the threat of foreclosures continues to diminish.

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