Wednesday, December 19, 2007

US foreclosure filings up 68 pct in Nov.

By ALEX VEIGA, AP Business Writer
Wed Dec 19, 6:55 AM ET

U.S. homeowners increasingly failed to keep up with their home loan payments in November, as the number of foreclosure filings surged 68 percent nationwide compared with the same month a year ago, according to a mortgage research company.

In all, 201,950 foreclosure filings were reported last month, compared with 120,334 in November 2006, Irvine-based RealtyTrac Inc. said Wednesday.

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