DuPage County saw record decreases in foreclosures during July compared to a year ago — 64%. Other suburban counties also saw large drops ranging from 40 percent in Lake County to 57 percent in Kane County. But experts attributed it to processing delays. “Nobody should have any illusions that this problem is getting any better,” said Jeff Metcalf, CEO of Record Information Services, a research…

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Far fewer foreclosures in suburbs, but it’s false hope