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Home Foreclosures Top the 1 Million Mark

Home foreclosures continued to rise in the third quarter as even once-solid borrowers increasingly fell behind on their mortgage payments.

For the first quarter ever, the number of homes in foreclosure with mortgages serviced by U.S. national banks and savings and loans topped the 1-million mark, according to figures released Monday by the Office of Thrift Supervision and the Office of the Comptroller of the Currency.

Read other posts about: Foreclosures

Posted by Ford Realty on 12/22/09 |
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Home Foreclosures Top the 1 Million Mark

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