Jan ‘08 Foreclosures Up 57% on ‘07

Posted by:jbbrwcky 1443 days ago • Discuss • http://www.balancednewsblog.com

The number of homes facing foreclosure jumped 57% in January compared to a year ago, with lenders increasingly forced to take possession of homes they couldn’t unload at auctions, a mortgage research firm said Monday.

foreclosure       recession       lender       home       mortga