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Q1 2007 foreclosures double compared to Q1 2006



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A bit of common sense oversight by the Republican congress would have gone a long way in preventing the ugliness that is in motion but the GOP preferred to side with Big Finance and look the other way.

Owners of 168,829 homes in the first three months of 2007 got notices that lenders had filed for foreclosure due to failure to pay loans or liens, Foreclosures.com said yesterday.

That compares with 83,154 homes in the same period of 2006, the Sacramento, Calif.-based research firm said.


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