Foreclosures Stalled by Local Legislation in September 

Foreclosure filings rose 71 percent during the third quarter, although changes in many state laws regarding the foreclosure process served to temporarily decrease foreclosure activity during September. Default notices, auction sale notices and bank repossessions were reported on 265,968 properties in Sept., a 12 percent decrease from the previous month — but still a 21 percent increase from year-ago totals — according to data released Thursday by RealtyTrac, a foreclosure listing resource.