Had you heard this?
LOS ANGELES – A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report.
RealtyTrac Inc. said Thursday that the number of U.S. homes taken over by banks jumped 35 percent in the first quarter from a year ago. In addition, households facing foreclosure grew 16 percent in the same period and 7 percent from the last three months of 2009.
More homes were taken over by banks and scheduled for a foreclosure sale than in any quarter going back to at least January 2005, when RealtyTrac began reporting the data, the firm said.
Asked by Anonymous at 9:08 AM on Apr. 15, 2010 in Politics & Current Events
Sure glad Obama put a billion dollar stimulus pland in place to get Americans working... Ohhh wait.. NOPE~ that didn't work.. Well at least he spent tax payer money on a loan modification plan..... Errrr, That didn't work either.... It's not Obama's fault. But he isn't doing much to strengthen the US economy and put Americans to work..SURE wish we had someone with REAL private sectors business experience in the White House/Admin that was PRO small business tax cuts/holiday's to get Americans working.... Maybe then we could see some REAL job creation... Who wants to hire when the fear of being penalized with higher health care employee costs are lingering... jmo
Answer by grlygrlz2 at 9:25 AM on Apr. 15, 2010
Answer by Anonymous at 9:09 AM on Apr. 15, 2010
Wow, I knew there were more foreclosures but I had no idea how many more. There are two nice sized homes around the corner from me that went into foreclosure. One has a sale pending, but depending on the sales price that really screws the surrounding homes on their property values.
Answer by QuinnMae at 9:13 AM on Apr. 15, 2010
Answer by mancosmomma at 9:18 AM on Apr. 15, 2010
Answer by tyme4me2day at 9:18 AM on Apr. 15, 2010
Answer by MunchMunch at 11:02 AM on Apr. 15, 2010
Answer by MunchMunch at 11:30 AM on Apr. 15, 2010
Answer by Anonymous at 11:36 AM on Apr. 15, 2010
Answer by Anonymous at 11:46 AM on Apr. 15, 2010
Answer by NotPanicking at 1:55 PM on Apr. 15, 2010