Center for Responsible Lending Tracks Up-To-The-Second Data on Foreclosures
February 12, 2009 - Posted by Tyler Lewis
Every week, 6,600 foreclosure proceedings start. That's one every 13 seconds.
The Center for Responsible Lending's website now has a constantly-updated counter showing the number of new foreclosures this year in the United States, as well as totals for each state. The counter is a graphic reminder of how severe the mortgage crisis is. The foreclosure data is based on Mortgage Banker Association figures.
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