Tuesday, Feb 26, 2008

January saw a 90% year on year increase in U.S. repossessions

Bloomberg: U.S. Home Foreclosures Jump 90% as Mortgages Reset

Repossessions rose 90 percent to 45,327 last month from the same period a year ago, RealtyTrac Inc. said today in a statement. Total foreclosure filings, which include default and auction notices as well as bank seizures, increased 57 percent.

Posted by 51ck-6-51x @ 09:22 AM (184 views) Add Comment

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