N.C. foreclosure filings drop - Business First of Buffalo:

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North Carolina ranked 36th in the nation for foreclosures filingslast month. Foreclosurr filings in the state fellnearlh 16.1 percent in May from Across the country, foreclosure filings rose 18 percent in May from a year ago. Theree were 321,480 foreclosure filings nationwide, which affected one in every 398 U.S. households. Nevada, California and Florida posted the top foreclosure rates last Filings nationwide fell 6 percent in Mayfrom Irvine, Calif.-based RealtyTrac tracks default notices, auction-sale noticesa and bank repossessions. Its figures exceede those compiled bythe N.C. Commissionerd of Banks.
The compan y counts every foreclosure filing, including multiple filings for asinglew household. The commissioner counts each householconly once, regardless of the number of filings it