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Snow slows Long Island foreclosure filings
Quick ReadLong Island's foreclosure activity fell 34 percent from a year ago and 48 percent from January, said RealtyTrac, an online market for foreclosures.
Photo credit: AP, 2008 | blizzards and inclement weather may have slowed the filing of foreclosures in early 2010 and dragged down the number nationwide, RealtyTrac says.
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All that snow last month? Not only did it delay traffic, it might have slowed foreclosure-related filings quicker than any loan modification program.
Long Island's foreclosure activity fell 34 percent from a year ago and 48 percent from January, said RealtyTrac, an online market for foreclosures. The biggest drop was in newly launched foreclosure cases: 537 last month, 933 a year ago and 1,130...
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