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  • Paperwork issues may prolong foreclosure crisis
  • October 12, 2010
  • The latest reports reveal foreclosure filings continue to increase, rising 4 percent in August. Currently, foreclosure filings - including default notices, bank repossessions and scheduled auctions - are on pace to exceed 3 million by the end of 2010. However, a new issue may worsen and prolong the crisis, according to Bloomberg.

  • View more at: http://www.credit.com/news/credit-debt/2010-10-09/paperwork-issues-may-prolong-foreclosure-crisis.html