NEW YORK (Reuters) - U.S. home foreclosures and the rate of homes entering foreclosure rose to record highs in the second quarter, the Mortgage Bankers Association said on...

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On a day when another report showed that the nation's jobless rate had leaped to 6.1 percent and that employers had slashed 600,000 jobs this year, economists warned that job losses could push more borrowers into default and foreclosure. Even...
The housing foreclosure and delinquency crisis, which erupted last year as subprime borrowers with adjustable-rate mortgages began to default at record levels, has now begun to hit morecredit-worthy homeowners to an extent not seen before, according...
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Over the past year, the number of American homes that have hit foreclosure has doubled, with 1.2 million homes in foreclosure and delinquency rates rising. On Friday, the Mortgage Bankers Association (MBA), which has been tracking the data...