May sees pickup in homes facing foreclosure risk
Published 06/14/2012, Associated Press
LOS ANGELES (AP) -- Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales - scenarios that could further weigh down home values in coming months.Word count: 657
The full article is available to newspaper subscribers. If you are a subscriber please log in to continue reading.