May Sees Pickup In Homes Facing Foreclosure Risk

Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales -- scenarios that could further weigh down home values in coming months.

Topics:  u.s    foreclosure   home   
BING NEWS:
  • May sees pickup in homes facing foreclosure risk
    LOS ANGELES – Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales — scenarios that could further weigh down home values in coming months. Default or ...
    06/13/2012 - 5:18 pm | View Link
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