Foreclosure Crisis Spreads Across U.S. As Idaho Defaults Mount

Cows from a nearby dairy farm sit in pens near homes in Charter Pointe, a development where more than half of the homes listed for sale are bank-owned or are worth less than their mortgages, in Boise, Idaho, U.S., on Thursday, Aug. 5, 2010. Home foreclosures are climbing in the Northwest and Midwest, areas that had earlier dodged the worst of the mortgage crisis. Home seizures in the second quarter soared 822 percent in Idaho, which had a jobless rate of 8.8 percent in July. Photographer: Matthew Staver/Bloomberg via Getty Images
Cows from a nearby dairy farm sit in pens near homes in Charter Pointe, a development where more than half of the homes listed for sale are bank-owned or are worth less than their mortgages, in Boise, Idaho, U.S., on Thursday, Aug. 5, 2010. Home foreclosures are climbing in the Northwest and Midwest, areas that had earlier dodged the worst of the mortgage crisis. Home seizures in the second quarter soared 822 percent in Idaho, which had a jobless rate of 8.8 percent in July. Photographer: Matthew Staver/Bloomberg via Getty Images
Foreclosure Crisis Spreads Across U.S. As Idaho Defaults Mount
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Credit:
Bloomberg / Contributor
Editorial #:
103353894
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Bloomberg
Date created:
05 August, 2010
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Bloomberg
Object name:
IDAHO FORECLOSURES