Foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 313,487 U.S. properties in the first quarter of 2015, down 7 percent from the previous quarter and down 8 percent from the first quarter of 2014 to the lowest quarterly total since the first quarter of 2007, according to the recently released March 2015 U.S. Foreclosure Market Report™. There were a total of 122,060 U.S. …

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