Foreclosures rise 58 percent in first half of ’07

MSNBC

07/30/07

The number of U.S. homes facing foreclosure surged 58 percent in the first six months of the year, the latest sign of mounting problems in the mortgage industry, a data firm said Monday. In all, 573,397 properties across the nation reported some sort of foreclosure activity in the first half of this year, including receiving notices of default, auction sale notices or being repossessed by lenders, Irvine-based RealtyTrac Inc. said...

http://www.msnbc.msn.com/id/20041753/


Informant: Thomas L. Knapp

--------

U.S. Foreclosure Filings Surge

"We could easily surpass 2 million foreclosure filings by the end of the year, which would represent a year-over-year increase of over 65 percent," said RealtyTrac CEO James J. Saccacio.

http://www.forbes.com/feeds/ap/2007/07/30/ap3968151.html



More People Expected to Default on Mortgage: Subprime

"Alt-A", jumbo interest-only and option adjustable-rate mortgages account for about 25 percent of all outstanding mortgage debt - about $2.5 trillion. Of that amount, about $1.4 trillion is at serious risk of default, Zandi says.

http://www.realtor.org/RMODaily.nsf/pages/News2007072702?OpenDocument


From Information Clearing House



http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=Saccacio

World-News

Independent Media Source

User Status

Du bist nicht angemeldet.

Suche

 

Aktuelle Beiträge

Trump and His Allies...
https://www.commondreams.o rg/views/2022/06/21/trump- and-his-allies-are-clear-a nd-present-danger-american -democracy?utm_source=dail y_newsletter&utm_medium=Em ail&utm_campaign=daily_new sletter_op
rudkla - 22. Jun, 05:09
The Republican Party...
https://truthout.org/artic les/the-republican-party-i s-still-doing-donald-trump s-bidding/?eType=EmailBlas tContent&eId=804d4873-50dd -4c1b-82a5-f465ac3742ce
rudkla - 26. Apr, 05:36
January 6 Committee Says...
https://truthout.org/artic les/jan-6-committee-says-t rump-engaged-in-criminal-c onspiracy-to-undo-election /?eType=EmailBlastContent& eId=552e5725-9297-4a7c-a21 4-53c8c51615a3
rudkla - 4. Mär, 05:38
Georgia Republicans Are...
https://www.commondreams.o rg/views/2022/02/14/georgi a-republicans-are-delibera tely-attacking-voting-righ ts
rudkla - 15. Feb, 05:03
Now Every Day Is January...
https://www.commondreams.o rg/views/2022/02/07/now-ev ery-day-january-6-trump-ta rgets-vote-counters
rudkla - 8. Feb, 05:41

Archiv

Juli 2007
Mo
Di
Mi
Do
Fr
Sa
So
 
 
 
 
 
 
 
 
 
 
 
 

Status

Online seit 7085 Tagen
Zuletzt aktualisiert: 22. Jun, 05:09

Credits


Afghanistan
Animal Protection - Tierschutz
AUFBRUCH für Bürgerrechte, Freiheit und Gesundheit
Big Brother - NWO
Brasilien-Brasil
Britain
Canada
Care2 Connect
Chemtrails
Civil Rights - Buergerrechte - Politik
Cuts in Social Welfare - Sozialabbau
Cybermobbing
Datenschutzerklärung
Death Penalty - Todesstrafe
Depleted Uranium Poisoning (D.U.)
Disclaimer - Haftungsausschluss
... weitere
Profil
Abmelden
Weblog abonnieren