The Ugly Face of Foreclosure


NEW YORK -- Foreclosures are devastating communities across the United States, and the impact may only worsen as more subprime adjustable mortgages reset during the next few months.
Foreclosure filings are up 35 percent nationwide since a year ago, according to RealtyTrac.
Even in prosperous Sunbelt places like Pima County, Ariz., which includes Tucson, foreclosures climbed 51 percent in just two years.
Maryellen Hayden, executive director of the Pittsburgh