Foreclosure Filings Up in Record Numbers
From CNNMoney.com, "Foreclosure filings in record jump":
Servicers initiated foreclosure proceedings against 290,000 mortgage borrowers,From the beginning:
a jump of nearly 20% from February's 243,000, and the highest monthly total
since the coalition began tracking data in mid-2007. Starts have risen by more
than a third since January.
Since the mortgage meltdown hit in July 2007, 1,447,866 homes have been lost to
foreclosure.
Wow ... any end in sight?
Labels: foreclosures










3 Comments:
"Wow, any end in sight?..." No, but it is easy to see this is the beginning.
those are high digits, although the market now is slowly picking up, hopefully it will gain stability again somehow.
hello, this is my first time i visit here. I found so many interesting in your blog especially its discussion. keep up the good work.
regards
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