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US Foreclosures rise sharply in May
Daily Herald – Foreclosure filings rose dramatically in May throughout the region — especially for DuPage County, with a massive 159 percent hike — compared to a year ago, according to data released Thursday by RealtyTrac Inc. The Irvine, Calif.-based online research firm also showed foreclosures up about 54 percent in Illinois, placing the state at No. 5 nationwide for the most foreclosures. Illinois previously often rated No. 9 or 10 nationwide. Read Article
Tags: 2nd Great Depression, debt wealth, financial system, North America
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