Summary Box: Foreclosures rise by the smallest amount in 4 years
By APThursday, March 11, 2010
Summary Box: Foreclosures grow more slowly
FORECLOSURES UP: Foreclosure listing service RealtyTrac says the number of households facing foreclosure last month grew 6 percent from a year ago.
SLOWER RATE: It was the smallest yearly increase in four years. Foreclosures have started to fall in Nevada, Arizona and California, all of which have been hard hit by the foreclosure crisis.
TROUBLE AHEAD? Experts warn that hundreds of thousands of homeowners being evaluated for help under loan modification programs are likely to fail. And Florida remains a severe trouble spot. Foreclosures there are still soaring.
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