Foreclosure Rate Jumps 65 Percent Across U.S.

cbs13.com     May 14, 2008            

LOS ANGELES (AP) ― More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide in home values, a research company said Tuesday. Nationwide, 243,353 homes... [read full story]                    


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