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Bank repossessions of homes hit a record high during the second quarter, with over 260,000 properties returning to lenders, according to Foreclosure-Support.com, which analyzes home foreclosures."

The top four reasons for Foreclosure in the United States are
Disability, Job Loss, Divorce, and Death.

"The latest economic data shows foreclosures are continuing upward from a 3 month trend which puts significant pressure to an already strained housing market. Foreclosure filings leaped again last month to their highest levels of the year, indicating many Americans are facing difficulties paying their mortgages."
 

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