Friday, April 16, 2010

Foreclosure Filings Rise 16% as Bank Seizures Set Record

April 15 (Bloomberg) -- Foreclosure filings in the U.S. rose 16 percent in the first quarter from a year earlier and bank seizures hit a record as lenders stepped up action against delinquent homeowners, according to RealtyTrac Inc.



MORTGAGE REAL ESTATE BUBBLE BLOG