Articles About Business Week

Author:
Mike Ochs
Posted:
07.07.2010

May Foreclosures, Seizures Reach an All-Time High

Bank repossessions of homes rose 44 percent in May over the same month last year, reaching an all-time high and with increases occurring in every state as lenders stepped up the rate of seizures. Realty Trac, Inc., an Irvine, CA-based data company that tracks foreclosures, reports that bank repossessions totaled 93,777 in May, with filings […]

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