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Posted: Wednesday, 14 May 2008 1:31PM

US foreclosure filings surge in April; Michigan among top 10


Michigan again is among the 10 states with the highest foreclosure rates. A research company says more U.S. homeowners fell behind on mortgage payments for the month of April. That drove the number of homes facing foreclosure up 65 percent compared with the same month last year. Nationwide, 243,353 homes received at least one foreclosure-related filing in April. RealtyTrac says that's up 65 percent from 147,708 in the same month last year and up four percent since March.

   

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