As Bank Moratoriums End, Foreclosures Surge

By Harry Kimball, Newser Staff

Posted Apr 15, 2009 7:49 AM CDT

(Newser) – As internal bank moratoriums on foreclosure imposed last year expire, many more Americans are losing their homes, the Wall Street Journal reports. Foreclosure proceedings were up 6% in February over January, and up 30% from March 2008. Just as the Obama administration's rescue plan kicks... Read full story »

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As Bank Moratoriums End, Foreclosures Surge

real estate • debt • recession • moratorium • homeowners • mortgage lender • foreclosures

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More Newser Stories

Foreclosures Inch Downward ... a Whole 0.1%

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Foreclosures Soar 81%

States where property prices spiked during boom now seeing highest foreclosure rates

Scamsters Cash In on Foreclosure Crisis

Phony rescuers collect big upfront fees from desperate homeowners

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