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Data Show Foreclosure Activity Up 6%, Smallest Increase in Over Four Years

Foreclosure prevention programs, legislation and other processing delays are capping monthly foreclosure activity and will continue to do so for the foreseeable future, according to James Saccacio, chief executive officer of RealtyTrac, who says foreclosure filings were reported on 308,524 properties in February, down 2% from January and up 6% from a year ago.