Foreclosure activity up 62% from last year

Foreclosure activity in April was up 62 percent from the same month a year ago, despite its 1 percent drop from the previous month, a foreclosure tracking service reported.

A total of 147,708 foreclosure filings -- including default notices, auction sale notices and bank repossessions -- were reported during the month, according to RealtyTrac. The company also reported a national foreclosure rate of one foreclosure filing for every 783 U.S. households in April.

Nevada, Colorado and Connecticut had the top foreclosure rates in the nation, according to RealtyTrac's data.

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