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RealtyTrac: Home Repossessions Hit 9-Month High

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    FBN’s Adam Shapiro on home repossessions hitting a 9-month high in November.

  • Duration 0:58
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I'm Adam Shapiro with your Fox Business three -- was a down day for markets -- and S&P 500 sectors moving down for the first time in a month blame the stalled negotiations over the fiscal cliff which grew more heated.

With political leaders on both sides ramping up the rhetoric by President Obama and house speaker John Boehner -- going to meet the White House.

In just a few minutes late today the president accepted United Nations ambassador Susan -- decision to remove her name from consideration.

To become secretary of state.

Fox News reports Senator John Kerry is being talked up within the administration.

As a likely nominee for that position.

And home repossessed since hit a nine month high in November even as foreclosure filings fell to their lowest level in six years according to realty track.

The number of homes entering the foreclosure process dropped almost 30% from a year ago.

That's the latest from the Fox Business Network giving you the power to --