Friday, May 14, 2010

Record US Home Seizures

U.S. home foreclosures reached a record in April, a sign that government mortgage relief efforts have yet to turn the tide of property seizures, according to a report by RealtyTrac Inc. The headline reads "U.S. Home Seizures Reach Record as Recovery Delayed".

Bank repossessions rose to 92,432 in April, up 45 percent from a year earlier. The link is here.

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