LOS ANGELES – Fewer U.S. homes are completing the foreclosure process and ending up repossessed by banks because investors increasingly are buying up properties when they go on sale at public auction.

Doug Andrews never knows what a day will bring. As the co-owner of Neighborhood Resources, a business that clears out, cleans and secures foreclosed homes, Andrews said every day brings something new.

Real estate investors looking for bargains may find them at the bank auctions that are sure to follow a spike in foreclosures. Foreclosure filings were reported on 324,237 properties across the ...

(AP) Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increasingly opted to allow troubled borrowers ...

(AP) Fewer U.S. homes are completing the foreclosure process and ending up repossessed by banks because investors are increasingly buying up properties when they go on sale at public auction. The ...