12:46 AM CST on Friday, January 14, 2011
Dallas-Fort Worth foreclosure filings have jumped 19 percent.
Lenders posted 5,580 North Texas homes for next month’s foreclosure auctions, Addison-based Foreclosure Listing Service said Thursday.
The surge in foreclosure filings for February auction comes after January filings were down 6 percent from a year ago.
“D-FW residential foreclosure posting activity for February remained on the extreme high-end in this foreclosure cycle,” Foreclosure Listing Service president George Roddy said in the report. “Needless to say, the fallout from this foreclosure crisis is going to take a long time to work through.