US: Foreclosures Rise; Bank Repossessions Set New Record

War is peace. Freedom is slavery. Ignorance is strength. Recovery is collapse.US foreclosure activity rose in August from the previous month, and banks and lenders took ownership from homeowners at a record pace, according to a new report released Thursday. Fuse | Getty ImagesForeclosure fillings rose 4.18 percent in August from July. Bank repossessions, often [...] continue reading world news