Foreclosures plunge in first half of 2011

https://money.cnn.com/2011/07/14/real_estate/housing_market_foreclosures/index.htm?iid=HP_LN

NEW YORK (CNNMoney) -- Foreclosure filings fell dramatically during the first half of the year as processing delays at the banks, which are strapped with excess inventory of repossessed homes, continued to skew the numbers -- and falsely raise hopes that the housing market is staging a recovery.