Foreclosure Activity Rises in February

[LICKING COUNTY FAN]

Nearly 60 percent more U.S. homes faced foreclosure in February than in the same month last year, with Nevada, California and Florida showing the highest foreclosure rates, a research firm said Wednesday.


http://biz.yahoo.com/ap/080313/foreclosure_rates.html

[Bassmaster]

You'll have that when companies like Country Wide lend money to people for 500K homes and they can't afford a 100K home and a variable interest rate to boot.