More Foreclosures More foreclosures are likely as initial filings - TopicsExpress

More Foreclosures More foreclosures are likely as initial filings increased in 26 states from the previous month and in 14 states from a year earlier, RealtyTrac said. First-time default notices more than tripled in Maryland, more than doubled in Connecticut and Hawaii, and rose more than 80 percent in Arkansas, New Jersey and Nevada. Florida had 12,273 foreclosure starts, the most of any state, followed by California with 8,846, Texas with 4,113 and Illinois with 4,021. Georgia had the fifth-highest total with 3,789 and New York was sixth with 3,299, according to RealtyTrac.

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