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split710

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split710

Re: None

Wednesday, 03/11/2009 8:52:13 AM

Wednesday, March 11, 2009 8:52:13 AM

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U.S. foreclosures hit record level in February



By Simon Kennedy
Last update: 6:11 a.m. EDT March 11, 2009
LONDON (MarketWatch) -- The number of completed U.S. foreclosures in February was 121,756, the highest monthly total since the crisis began, according to data from Foreclosures.com. The figure was a 67% increase from the 72,694 reported in January and was also well above the previous monthly high of 104,243 set last September. The number of pre-foreclosure filings also set a new monthly record, rising 24% to 207,703 in February from 166,860 in January.
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