Banks Repossess Property at Record Pace

Economics, Recent News — By on July 17, 2010 at 9:00 PM

(Reuters) Banks took control of 269,962 properties in the second quarter, up 5 percent from the prior quarter and a 38 percent spike from the second quarter of last year. Repossessions are expected to top 1 million this year. (Read more…)



Comments are closed.