CoreLogic: Foreclosure inventory tumbles 35%

CoreLogic: Foreclosure inventory tumbles 35%

But don't celebrate just yet

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Lending / The Ticker

Lending activity increases as a reult of loan demand

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By almost every observable metric, the American banking system will enter 2013 with its strongest balance sheet position since before the financial crisis. Marginally higher revenues and shrinking loss provisions have pushed industry-wide net income to its best levels in six years.

The improvement is significantly attributable to gains on the sales of assets and a general rise in non-interest income.

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