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Tuesday, 08/24/2010 9:13:44 AM

Tuesday, August 24, 2010 9:13:44 AM

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A continuing surge of foreclosures is also making the problem worse.

http://finance.yahoo.com/news/Ahead-of-the-Bell-July-home-apf-4222412474.html?x=0

The nation is now on track to have more than 1 million homes lost to foreclosure by the end of the year, according to foreclosure listing service RealtyTrac Inc. That would eclipse the more than 900,000 homes repossessed in 2009, and compares with the more than 100,000 homes that lenders typically seized per year before the housing bust.


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