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September 17, 2010
in august than any month since the housing market crashed almost three years ago. >> looking at rising foreclosures and the expectation is were not going to peak until at least the middle of next year. >> reporter: in all banks repossessed more than 95,000 homes last month. up 3% from july and an increase of 25% from august of last year. and some say administration efforts have only made things worse. >> theyve spent recklessly in many regards, trillions of dollars and what do we have ...
September 16, 2010
lenders repossess more homes in august than any month since the housing market crashed almost three years ago. >> looking at rising foreclosures and the expectation is were not going to peak until at least the middle of next year. >> reporter: in all banks repossessed more than 95,000 homes last month. up 3% from july and an increase of 25% from august of last year. and some say administration efforts have only made things worse. >> theyve spent recklessly in many regards, trillions of...