Thursday, April 16, 2009

Foreclosures Up 46% In March From 2008

The number of homeowners facing foreclosure surged in March. Foreclosure filings, default notices and bank repossessions were reported on 341,180 properties last month, a surge of 46% under Obama's Watch.

When "Hope-n-Change" signed the $787 Billion Dollar Porklus bill,
he promised to "stem the spread of foreclosures and falling home values for all Americans."

Much of March's activity was in new foreclosure actions.

More here from USA Today

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