Foreclosures Hit Record High In August

Homes lost to foreclosure hit an all time record high in August with California raking up 20% of the national foreclosures.

According to a report from Realty Trac the Irvine based based marketplace for foreclosure properties said 69,143 properties received a foreclosure filing in August, a 3% increase from July

Related: More Delinquent Home Loans Entering Foreclosure Pipeline

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