Foreclosure Starts Hit One Million So Far This Year (PR Newswire via Yahoo! News)

Foreclosure Starts Hit One Million So Far This Year (PR Newswire via Yahoo! News)

A dismal milestone was reached over the weekend: One million new foreclosures have been filed so far in 2009, according to estimates by the Center for Responsible Lending. This comes on the heels of a new report from the Mortgage Bankers Association, the first quarter 2009 National Delinquency Survey, showing that 12% of all mortgages are now delinquent -- the highest level since the MBA started ...

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