U.S. Foreclosure Filings Hit Record 1.5 Million in First Half (Bloomberg)

More than 1.5 million properties received a default or auction notice or were seized by banks in the six months through June, the Irvine, California-based seller of default data said today in a statement. That’s a 15 percent increase from the year earlier., more 
and Worst in foreclosures yet to come? (Honolulu Star-Bulletin)  The number of Hawaii households facing foreclosure rose nearly 427 percent in June compared with the same month last year — its second worst rate in a year. And with more than 87 percent of total filings in the earliest stages, experts say the worst is yet to come., more