Foreclosures up 57 percent in the past year - Mortgage mess- msnbc.com

Foreclosures up 57 percent in the past year - Mortgage mess- msnbc.com: "LOS ANGELES - The number of homes facing foreclosure jumped 57 percent in January compared to a year ago, with lenders increasingly forced to take possession of homes they couldn’t unload at auctions, a mortgage research firm said Monday."