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IRVINE, CA-Foreclosure filings including default notices, scheduled auctions and bank repossessions were reported on 188,780 US properties in April, the lowest monthly total since July 2007, according to RealtyTrac’s US Foreclosure Market Report for April. Foreclosure activity decreased 5% from the previous month and was down 14% from April 2011; one in every 698 US housing units had a foreclosure filing during the month.

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