Article of the Day: GSE Foreclosure Ban In Place Until January 2009

House Foreclosure Numbers Worsen in May

House foreclosure activity is getting worse and the recently released numbers for May prove it. House foreclosure filings are actually increasing when calculated year over year for 29 consecutive months ending in May 2008 according to RealtyTrac.

The report also listed the following house foreclosure stats:

- 1 in 483 homes received a foreclosure notice in May