Biz, U.S.: Nothing like watching foreclosures accelerate in speed
- April was a shocker. I would have bet on a dip because March foreclosures were so high.
- RealtyTrack spokesman Rick Sharga • On April’s cruddy foreclosure numbers, which saw a record 342,000 homes receiving default notices. On the plus side, though, repossessions fell 11%. Still though, that’s like saying torture’s way up but beheadings are down. • source