Home Foreclosures Roll on at Record Rates

Foreclosure -- the beast that is eating the housing market -- barely paused in October, despite the latest housing scandal.

Experts thought foreclosures might go into hibernation after lenders botched thousands of foreclosures with skipped steps and faulty documentation. In at least one case, a single bank official signed as many as 8,000 foreclosures a month, falsely claiming to have "personal knowledge" of each bad loan.

But banks keep seizing homes at close to record rates.