Mortgage Bankers Assn. says delinquencies and home repossessions have hit a new high. Blaming job losses for most of the pain, it sees a continued surge in foreclosures through all of next year. Home foreclosures are likely to keep climbing through all of next year despite stabilizing housing prices in some areas, a major lender group said Thursday as it reported that the level of delinquencies ...

Main Street continues to suffer through the effects of what many have dubbed, "The Great Recession." According to a report from the Mortgage Bankers Association, 14 percent of homeowners with a mortgage were either behind on payments or in foreclosure at the end of September. Perhaps more troubling for an economic recovery is that a rising number of the foreclosures are among fixed-rate home ...

FORECLOSURES RISE: The Mortgage Bankers Association reported that 14 percent of homeowners with a mortgage were either behind on payments or in foreclosure at the end of September. That was a record-high figure for the ninth straight quarter.

GRAND JUNCTION -- The number of foreclosed properties in Mesa County is up 173% through September this year compared to the same period last year. But what are experts saying about the spike in foreclosures?

There are three stages of foreclosures, including Miami foreclosures, which are pre-foreclosures, auctions and REO homes.

A second wave of foreclosures is poised to hit the market, potentially undermining housing recovery efforts.

Colorado had a record-high number of new foreclosures in the third quarter, when new filings hit 12,468.

Foreclosures in Massachusetts soared nearly 30 percent in October compared to the previous month, but are down slightly when compared to the same month last year.

By LARRY P. VELLEQUETTE BLADE BUSINESS WRITER Mortgage foreclosures and delinquencies continued to increase in Ohio and Michigan during the late summer as the economy and unemployment continue to ravage the housing market, the Mortgage Bankers Association said yesterday. Michigan, which has the highest jobless rate in the nation at 15.1 percent, had the fourth-highest percentage of home ...

Foreclosures in Mesa County increased 173 percent from this time last year, according to the Colorado Division of housing. Statewide, a record-high number of new foreclosures were reported. There were 12,468 new filings in the third quarter.