Mississippi Foreclosures Up

More homes being foreclosed on despite efforts to stem the tide

By: Michael Snowden | WKRG-TV
Published: March 12, 2009

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JACKSON, Miss. (AP) - The number of Mississippi households
threatened with losing their homes through foreclosure is up.
That's according to RealtyTrac, a national firm that lists
foreclosed properties.
In February, 294 Mississippi households received at least one
foreclosure-related notice, up from 275 in January and 148 in
February 2008
The number of homes actually taken back by the lender jumped to
121 in February from 32 in January and 55 in February 2008.
The figures come despite halts on new foreclosures by several
major lenders in advance of President Barack Obama's plan to stem
the foreclosure crisis, which was launched last week.

(Copyright 2009 by The Associated Press. All Rights Reserved.)