Sentences with phrase «unprecedented home foreclosure»
«While the country faces unprecedented home foreclosure rates, the collusion taking place at these auctions is artificially driving down foreclosed home prices,» a government official says about a scam involving bid - rigging at public auctions.
Tight financing guidelines, making it harder for people to buy homes, combined with an unprecedented number of families turned out of their homes by foreclosure has rents increasing in many parts of the country.