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 […]