Foreclosure filings in Del. up 38 percent
August 21, 2007 Posted by Dealaware RealEstateRama
A 50 percent jump predicted for fiscal 2008; First State’s mortgage mess reflects U.S. trend.
Foreclosure filings in Delaware rose 38 percent in July over last year, and experts say those numbers are likely to get worse, providing another sign that troubles in the subprime mortgage market will continue.