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News Link • Housing

Record year for foreclosures as unemployment rises

• AP
A record 2.8 million households were threatened with foreclosure last year, and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behind on their mortgages.

2 Comments in Response to

Comment by Lola Flores
Entered on:

 "No foreclosure so far this year" - Now, that would be worthy of news!

Comment by Powell Gammill
Entered on:

Reuters:

http://www.reuters.com/article/idUSNYS00769620100114


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