California’s Foreclosure Activity Lives On

" After an across the board drop in California’s foreclosure activity in January, Notices of Default, Sales at Auction and negative equity at foreclosure surged once again in February, according to Foreclosure Radar’s California Foreclosure Report released Friday. Notices of default increased 21.3 percent from January, nearly returning to peak levels reached in April 2008 — despite the President’s Day holiday and February being a short month."