Foreclosures Up 65%

One in every 519 homes received a foreclosure filing in April, up 65% over April 2007. In a related story, Freddie Mac reported a loss of $151 million in the first quarter of 2008.

This is still just the tip of the iceberg.

This entry was posted on Wednesday, May 14th, 2008 at 8:27 am and is filed under Finance, Money, Politics, Real Estate, The Economy, The Fed. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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