California foreclosures jump 116%: Ugly turn or merely moratoriums ending?

California foreclosures jump 116%: Ugly turn or merely moratoriums ending?

The “Looking Glass” ponders economic and real estate trends through two distinct lenses: the optimist’s “glass half-full” and the pessimist’s “glass half-empty.”
Buzz: The number of homes in foreclosure jumped 116% in a year in California as restrictions end on the ability of lenders to move against seriously delinquent borrowers. The U.S. number was even higher, surging 153%.
Debate: Are…

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