U.S. foreclosures to break 1M

October 10, 2008 08:40AM

The number of foreclosures nationwide in 2008 is likely to top one million, according to the Web site Foreclosures.com. This comes after the site’s monthly foreclosure index rose 7 percent in September, from the previous month. The number of homes facing pre-foreclosure filings is likely to break two million this year, it said.

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