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.
Alex Veiga, AP Real Estate Writer, Boston Globe: Local
Wed, 06/13/2012 - 9:04pm
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.