Foreclosures jumped 21 percent in third quarter of 2011

Mortgage foreclosures in the United States increased sharply in the third quarter of 2011 after a temporary suspension of foreclosure practices was lifted off of banking institutions. The 21 percent increase from the previous quarter brought national foreclosure levels back to the historically high levels that the mortgage industry has been seeing in the aftermath of the housing crisis. San Diego foreclosure defense attorneys noted that part of the rapid spike in foreclosures is that banks ar...
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