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At the Ballpark July 30th
Foreclosure rates surge, biggest jump in 5 years
AP
Foreclosure rates surge, biggest jump in 5 years - Yahoo! News
By ALEX VEIGA, AP Real Estate Writer Alex Veiga, Ap Real Estate Writer 12 mins ago
LOS ANGELES A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report.
RealtyTrac Inc. said Thursday that the number of U.S. homes taken over by banks jumped 35 percent in the first quarter from a year ago. In addition, households facing foreclosure grew 16 percent in the same period and 7 percent from the last three months of 2009.
AP
Foreclosure rates surge, biggest jump in 5 years - Yahoo! News
By ALEX VEIGA, AP Real Estate Writer Alex Veiga, Ap Real Estate Writer 12 mins ago
LOS ANGELES A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report.
RealtyTrac Inc. said Thursday that the number of U.S. homes taken over by banks jumped 35 percent in the first quarter from a year ago. In addition, households facing foreclosure grew 16 percent in the same period and 7 percent from the last three months of 2009.