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Loan Modification

: Loan Modification & Home Loan News

Foreclosures up in 75 percent of top U.S. cities

By Moe Bedard

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(Reuters) – Foreclosures rose in 3 of every four large U.S. metro areas in this year’s first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday. Unemployment was the main culprit driving foreclosure actions on more than 1.6 million properties, the company said. “We’re not going [...]

Full post as published by Loan Modification & Home Loan News on July 29, 2010 (boomark / email).

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