April 14, 2011 06:05

Overal foreclosure actions in the state jumped 10.8 percent from the fourth quarter of last year and were up an alarming 34.4 percent compared to the first quarter of 2010. Nearly 1,400 homes in Louisiana were taken back by lenders in the first quarter of 2011, according to national foreclosure tracking firm Realtyrac. For the January-March period, 5,275 properties in the state faced some type of foreclosure-related activity ranging from default notices to repossession.

Overal foreclosure actions in the state jumped 10.8 percent from the fourth quarter of last year and were up an alarming 34.4 percent compared to the first quarter of 2010.

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