PBS NewsHour Foreclosures Rate Increase Shows Fragility in Housing Market
Increase in New Foreclosures Rate Shows Some Fragility in Housing Market Details
Program: PBS NewsHour
Episode: Foreclosures Rate Increase Shows Fragility in Housing Market
Though new reports show that banks are repossessing fewer homes from a year ago, mortgage defaults are on the rise. Jeffrey Brown talks to Guy Cecala of Inside Mortgage Finance Publications about why foreclosure rates remain high, even when the house market shows signs of improvement.
Premiere Date: 08/09/2012
Episode Expires: Never
TV Rating: E
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