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Real Estate & Property Law
: Housing WireForeclosure Surge in Feb. is ?Surprising,? RealtyTrac Says
By PAUL JACKSON
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Foreclosures nationwide surged 6 percent from January levels, and were up 30 percent from year-ago, according to data released Thursday morning by RealtyTrac, which provides nationwide listings of properties in foreclosure and owned by banks.
The company’s data showed that foreclosure filings ? default notices, auction sale notices and bank repossessions ? were reported on 290,631 [...]Full post as published by Housing Wire on March 13, 2009 (boomark / email).
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Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.
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