Nationwide Foreclosure Filings Drop for Second Straight Month 

Foreclosure filings dropped in February for the second straight month to 106,074, down 3.4 percent from January’s 109,851 filings, and off 6.5 percent from December’s soaring 113,486. The latest numbers, however, still are up almost 65 percent from the 64,375 filings for the same time a year ago, according to ForeclosureS.com, a California-based real estate investment advisory firm. “The foreclosure numbers finally are beginning to reflect the stabilization in housing markets that we’ve been talking about for the last few months,â€? said Alexis McGee, president of ForeclosureS.com.