Foreclosures Jump 57 Percent in Last 12 Months

April 14, 2008

Home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago, as homeowners struggled to make mortgage payments, real estate data firm RealtyTrac said on Tuesday.

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Foreclosures Jump 57 Percent in Last 12 Months

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