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Home foreclosures set record in first quarter (AP)

 
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PostPosted: Jun 05, 2008 12:00 pm Reply with quote

Home foreclosures set record in first quarter (AP)




<p>A foreclosure sign sits in front of a home for sale in Stockton, California. The economic blight of mounting home foreclosures in some American communities could take years to heal, according to government officials and housing advocates.(AFP/Getty Images/File/Justin Sullivan)AP - Home foreclosures and late payments set records over the first three months of the year and are expected to keep rising, stark signs of the housing crisis' mounting damage to homeowners and the economy.</p>


[url=http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20080605/ap_on_bi_ge/home_foreclosures]Read more...[/url]

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