Detailed text transcripts for TV channel - FOXNEWS - 20120113:18:26:00
One million homes now in foreclosure will be seized this year. the forecaster real tree track says, we have a chart on this for you. that is going to be up 25% in terms of seizures from 2011. almost 2 million homes went into some kind of default auction or repossession in 2011. that is painful for homeowners in trouble. but we need these cases, these foreclosure cases kind of settled to get out of the way so haasing can start to come back 400,000 homes last year should have been seized but they weren't because of litigation the firm says. it's part of a much bigger problem, though, guys and it...