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VVance

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Posted - 05/14/2008 :  04:20:27 AM
AP
US foreclosure filings surge 65 percent in April
Wednesday May 14, 6:20 am ET
By Alex Veiga, AP Business Writer
Late payments drive number of US homes facing foreclosure in April up 65 percent from year ago


LOS ANGELES (AP) -- More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide in home values, a research company said Tuesday.



http://biz.yahoo.com/ap/080514/foreclosure_rates.html
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