Relevant:
- Foreclosure Filings Rise in 75% of U.S. Cities as Joblessness Hurts Owners
- Rich Default on Luxury Homes Like Subprime Victims
- Foreclosures Rise 48% in May as Repossessions Double
- Subprime-Mortgage Defaults Rose Last Month, ABX Data Suggests
- RealtyTrac Sees Foreclosure Filings Linger Near Record High
2008-04-30 — bloomberg.com
''The new data show the U.S. housing slump isn't over. Foreclosure filings more than doubled in the first quarter as payments rose for subprime adjustable mortgages and falling home prices left property owners unable to sell or refinance without losing money, according to RealtyTrac Inc., a provider of foreclosure data.''
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