The foreclosure crisis deepens
Monday, January 28th, 2008Can state lawmakers keep up?
The news on the mortgage foreclosure front remains grim. In 1998, there were 16,661 mortgage foreclosures in North Carolina. Last year, the total was 49,754 and some experts expect this year’s number to approach 60,000. The grand total over the last decade exceed 340,000. California, Florida, Nevada and several other states are experiencing per household foreclosure rates that are even higher.


