Home Foreclosures in 2010 Top 1 Million for First Time

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Home Foreclosures in 2010 Top 1 Million for First Time

Home foreclosures in 2010 top 1 million for first time. Corbett B. Daly. 2 Min Read. WASHINGTON (Reuters) – Banks seized more than a million U.S. homes in one year for the first time last year.

NEW YORK (CNNMoney.com) — A record 1.2 million homes were in foreclosure during the second quarter of 2008. That represents 2.8% of all outstanding loans, up from 1.4% of all loans during the.

Lenders Take Hit as Foreclosures Spread to Luxury Homes, Prime Borrowers. accounts have $1 million; The Obamas’ first film, "American Factory," debuts on Netflix. Most homes that go into.

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Today comes the official tally for 2010: more than one million homes foreclosed on, with another FIVE million homeowners at least two months behind on their payments, according to foreclosure.

NEW YORK (CNNMoney.com) — Almost 3 million homeowners received at least one foreclosure filing during 2009, setting a new record for the number of people falling behind on their mortgage payments.

In 2010, 2.9 million properties received foreclosure filings an increase of 2 percent from 2009, according to online foreclosure website, RealtryTrac.

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Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006, RealtyTrac said Thursday.. Home This year could top 2010 foreclosure record

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US home foreclosures top one million mark By Andre Damon 23 December 2009 The number of US homes in foreclosure topped the one million mark for the first time ever, according to figures released.

Still, lenders are expected to step up foreclosures 25 percent this year and surpass the 2010 record of 1.05 million. in their homes for long periods without making any payments, Willen said.

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