Foreclosure rate across US hits five-year high

Thu, 04/15/2010 - 13:17
  • Length: 4:52 minutes (4.45 MB)
  • Format: MP3 Mono 44kHz 128Kbps (CBR)

New figures show that home foreclosure rates in the month of March were the highest in 5 years. According to RealtyTrac, a California-based foreclosure consultancy, last month’s foreclosure filings totaled more than 367,000.  That means 1 in nearly every 140 homes in America is in default.  FSRN’s Matt Pearson reports.

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