Utah Lawmakers Look To Reduce Foreclosures

For the third straight year, Utah was among the worst states in the U.S. for the rate of foreclosure filings per household, according to a recently released nationwide report. Two state lawmakers now want to do something about it.


Irvine, Calif.-based research firm RealtyTrac reported this month that Utah had the nation’s 5th highest foreclosure rate in 2010, representing nearly 20 percent hike from 2009 and a 119 percent jump from 2008. The report showed that one in every 29 Utah housing units received a foreclosure filing last year.

Click Here to Read:  Utah Lawmakers Look To Reduce Foreclosures...