Mortgage foreclosures up 24 percent in West Virginia in 2009

W.Va. mortgage foreclosures up 24 pct in 2009

CHARLESTON, W.Va. — State officials say mortgage foreclosures in West Virginia grew 24 percent in 2009 compared with the year before.

Division of Banking Commissioner Sally Cline said Thursday both state-chartered and national banks headquartered in West Virginia accounted for just 12 percent of the 3,200 foreclosures last year.

Statewide figures show says Berkeley and Jefferson counties accounted for more than half of the statewide increase.

Nineteen counties reported 14 or fewer foreclosures for the year. Fifteen counties saw a drop in the number of reported foreclosures.