Monday, July 30, 2007

H1 foreclosures jump: RealtyTrac

(Reuters) - "Despite a slight drop in June, foreclosure activity shows no sign of slowing down," James Saccacio, RealtyTrac Chief Executive Officer, said in a statement.




"If the current pace were to continue, foreclosure filings would surpass two million by the end of the year, which would represent a year-over-year increase of more than 65 percent," Saccacio said.


Read more at Reuters.com Bonds News

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