Page 5 - Mindy Meyer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

in august than any month since the housing market crashed almost three years ago. >> looking at rising foreclosures and the expectation is we're 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. >> they've spent recklessly in many regards, trillions of dollars and what do we have to show for it. we have extraordinary unemployment with no relief in sight. >> reporter: one of th...

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 we're 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. >> they've spent recklessly in many regards, trillions of dollars and what do we have to show for it. we have extraordinary unemployment with no relief in ...