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  • August foreclosure filings rise
  • September 21, 2010
  • Mortgage loan defaults continue to negatively impact the real estate market as more homeowners lose their properties to foreclosure. The most recent data from RealtyTrac shows foreclosure filings increased 4 percent in August, with 338,836 properties receiving a notice. Although last month's rate increased, the overall number of filings is a 5 percent decline from the rate recorded in August 2009.

  • View more at: http://www.credit.com/news/credit-debt/2010-09-17/august-foreclosure-filings-rise.html