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Foreclosure filings up sharply over last year

Larry Doss Monday, June 15, 2009

Foreclosure filings up sharply over last year

http://www.sacbee.com/business/story/1933547.html

Lenders made a daily average of 203 foreclosure filings against struggling borrowers in El Dorado, Placer, Sacramento and Yolo counties in the past year, according to Santa Ana-based real estate tracker First American CoreLogic.

Borrowers in the region received 74,348 notices, ranging from first warnings to repossessions, from May 2008 to April 2009, the firm said.

That was sharply higher than the 51,307 filings during the same period a year earlier when lenders f... Read more

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