Foreclosure Starts Hit Pre-Crisis Low - Real Time Economics - WSJ

Foreclosures Near Pre-Financial Crisis Levels
Protesters work on a prop in Freedom Plaza as they prepare for a rally against big banks and home foreclosures in Washington, DC, May 20, 2013. AFP PHOTO/JIM WATSON (Photo credit should read JIM WATSON/AFP/Getty Images)
Protesters work on a prop in Freedom Plaza as they prepare for a rally against big banks and home foreclosures in Washington, DC, May 20, 2013. AFP PHOTO/JIM WATSON (Photo credit should read JIM WATSON/AFP/Getty Images)

The proportion of home loans that entered foreclosure in the second quarter of this year hit its lowest point since early 2006, before the crisis began, according to data released Thursday by the Mortgage Bankers Association.

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