May 2010 California Foreclosure Report

Highlights from this report:

Foreclosure filings, outcomes and inventories dropped across the board from April to May. Foreclosure filings also declined substantially year-over-year, with NOD's down 43.3% and NTS's dropping 35.8%. Cancellations increased 141.3 percent over the prior year. 3rd Party sales, typically investors, were up 75.4 percent over the prior year. Time-to-Foreclosure rose 30.5% from May 2009

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