Fred Business News- Foreclosure filings nationwide soared 57% in January over the same month last year - another indication that the nation's housing woes are deepening.

 

A study released Tuesday by RealtyTrac, an online marketer of foreclosure properties, showed that 233,001 homes were affected, 8% more than in December. Of that total, 45,327 homes were lost to bank repossessions.

 

The only good news was the comparatively modest month-to-month increase in total filings.

 

"It could be that some of the efforts on the part of lenders and the ...   more »