Foreclosure Filings Rise 16% as Bank Seizures Set Record

by Stephen M. Fells on April 15, 2010

Foreclosure filings in the U.S. rose 16 percent in the first quarter from a year earlier and bank seizures hit a record as lenders stepped up action against delinquent homeowners, according to RealtyTrac Inc. Bloomberg’s Erik Schatzker reports. (Source: Bloomberg)

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