Thursday, August 6, 2009

Joblessness helping fuel foreclosure crisis - Boston Globe

WASHINGTON - Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration’s efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor. In past recessions, the housing ..., more 
and Job losses pushing up foreclosure numbers - Jackson Clarion-Ledger  WASHINGTON — Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration's efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor. In past recessions, the housing ..., more 
and Foreclosures rise 15% in 1st half of '09 - Reading Eagle  WASHINGTON - The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills. The mushrooming foreclosure ..., more 

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