The Animal Rescue Site

Thursday, May 29, 2008

Military Families Losing Foreclosure Battle

Military families are losing their homes to foreclosure actions four times faster than the national average. Foreclosures in areas within 10 miles of military facilities rose by an average of 217% from January through April, compared to an overall 59% rate, according to RealtyTrac.

The biggest surge was in Columbia, S.C., home to the Fort Jackson training base. The second-biggest increase was in Woodbridge, Va., next to Marine Corps Base Quantico. More...

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