U.S. Foreclosure Filings Surpass 300,000 for 8th Straight Month

Reposted from: http://www.nwotruth.com/u-s-foreclosure-filings-surpass-300000-for-8th-straight-month/

November 12, 2009 @ 9:18 am

Nov. 12 (Bloomberg) — U.S. foreclosure filings surpassed 300,000 for an eighth straight month as unemployment made it tougher for homeowners to pay their bills, RealtyTrac Inc. said. A total of 332,292 properties received a default or auction notice or were seized by banks in October, up 19 percent from a year earlier, Irvine, California-based RealtyTrac [...]