Foreclosure filings jump in La.

Published 5:17 pm Thursday, January 13, 2011

A national tracking firm says 15,753 properties received some type of foreclosure filing in Louisiana in 2010, more than doubling the total from two years ago.

Irvine, Calif.-based RealtyTrac said those notices ranged from an initial notice of default to outright seizure and sale by a lending institution. That total jumped 34 percent from 2009 and 120 percent from 2008.

Still, the number below the national average and far beyond the foreclosure hotbeds of California, Florida, Arizona, Illinois and Michigan that accounted for half of 3.82 million foreclosure filings nationwide last year.

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Nationally, one in every 45 housing units received a filing last year. In Louisiana, one in every 120 housing units was targeted, ranking the state 38th in the nation.