USA: Home default notices rise in February

Reuters – The number of Americans receiving delinquency notices on their homes rose in February from January, while the backlog of homes in the foreclosure pipeline showed signs of starting to ease, a report said on Thursday. Default notices were filed for the first time on 58,886 homes last month, up 1 percent from January, though still down 7 percent from February 2011, a report from RealtyTrac showed. Read Article

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>