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Fewer US homes repossessed by banks in 2012
LOS ANGELES (AP) -- New data show that lenders took possession of fewer U.S. homes in 2012 than a year earlier, as foreclosure activity declined in about half the states.
Foreclosure listing firm RealtyTrac Inc. said Thursday that banks repossessed about 671,000 homes last year. That's down nearly 17 percent from around 804,000 the year before.
The trend suggests that the country's foreclosure woes are easing on a national level.
Not so at the state level, however.
The firm says foreclosure activity rose last year in 25 states, most of which have a slower foreclosure process. Foreclosure activity declined in the rest of the states, where foreclosures are more streamlined.
RealtyTrac bases foreclosure activity on the number of homes that receive at least one foreclosure-related filing.
U.S. foreclosure activity fell 3 percent last year.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Posted: Wednesday, January 16 2013, 11:46 PM CST
IN OKLAHOMA NEWS
Obama says nation must do more for fallen heroes
May 25, 2013 10:08 GMT
By DARLENE SUPERVILLE Associated Press
WASHINGTON (AP) -- President Barack Obama says the nation must do more than just remember its fallen heroes on Memorial Day.
In his weekly radio and Internet address, Obama says the country must care for the loved ones the fallen leave behind. He says the country must also make sure that all veterans receive the care and benefits they have earned.
Obama says that, above all, the armed forces must have the support needed to carry out their missions at home and abroad.
In the Republican address, Oklahoma Sen. James Inhofe thanks the nation for its prayers and support following Monday's deadly tornado in his home state. He recalls past natural and man-made disasters in Oklahoma and says that while the state was hard hit, "we're not knocked out."
Obama's address: http://www.whitehouse.gov Republican address: http://www.youtube.com/gopweeklyaddress
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From the FOX 25 First Forecast Center..The holiday weekend is here...Expect variable clouds with scattered showers and t'storms for your Saturday. ...
US durable goods orders rise 3.3 percent in April
WASHINGTON (AP) -- U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for military and civilian aircraft and an increase in business investment.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
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By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: RESTAURANT FLAP LEADS TO INTERNET MELTDOWN
SCOTTSDALE, Ariz. (AP) -- It isn't exactly to curry favor with your restaurant customers -- even if your specialty isn't curry.