Foreclosures jump 30 percent in 3rd quarter - Mortgage Mess

October 31st, 2007 | by jeff | | Post to NewsCloud »

Foreclosure actions were reported on more than 446,000 properties the three months ended Sept. 30, up 30 percent from the second quarter and double last year’s third quarter. That brings the overall foreclosure rate to one in every 196 U.S. households.

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