US Foreclosures Fell in April

Foreclosures in the US fell by more than 2 percent in April from a year earlier, the first year-over-year decline in the five years RealtyTrac has been reporting the data.

The number of Americans receiving foreclosure notices was down 2.4 percent in April from a year before and 9 percent lower than March 2010.

Experts say the foreclosure situation is slowing, and may have hit a plateau.

Read more: CNBC