Tuesday, April 15, 2008

U.S. Foreclosures Jump 57%

Calculated Risk: U.S. Foreclosures Jump 57%: Tuesday, April 15, 2008

From Bloomberg:
"U.S. foreclosure filings jumped 57 percent and bank repossessions more than doubled in March from a year earlier as adjustable mortgages increased and more owners gave up their homes to lenders."

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