Completed foreclosures surge to a new crisis high of 122K, up from 73K in January, according to...

|By:, SA News Editor
Completed foreclosures surge to a new crisis high of 122K, up from 73K in January, according to Foreclosure.com. Pre-foreclosure filings also struck new highs of 208K, from 167K in January. "Many homeowners are in trouble and rising unemployment continues to threaten to intensify the problem."