TITLE

Foreclosure Record Set: 3.9M

PUB. DATE
December 2009
SOURCE
American Banker;12/11/2009, Vol. 174 Issue F317, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
In the article the online real estate marketplace company RealtyTrac Inc. reports on the number of U.S. home foreclosure filings for 2009. 3.9 million foreclosure notices were sent to homeowners in loan default in 2009, and 3.2 million notices were sent in 2008. RealtyTrac reports that the increase in foreclosures is due to high unemployment and low house prices.
ACCESSION #
45708463

 

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