Wednesday, December 12, 2007

http://www.marketwatch.com/News/Story/us-foreclosures-up-318-november/story.aspx?guid=%7BDC9123A6%2D7276%2D456D%2D9865%2D1D641FDD7628%7D


U.S. foreclosures up 31.8% in November from previous month

LONDON (MarketWatch) -- U.S. home repossessions in November totalled 72,101, up 31.8% from the previous month, according to data from Foreclosures.com. For the first 11 months of the year, around 527,000 homes ended up back in the hands of lenders, up 41% from the same time last year. The report noted that there had been areas where the number of foreclosures and pre-foreclosure filings had actually fallen from a year ago.