BUSINESS
03/18/2010 05:12 am ET | Updated May 25, 2011

Foreclosures: 'Worst Three Months Of All Time'

Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit a record high in the third quarter, according to a report issued Thursday.

"They were the worst three months of all time," said Rick Sharga, spokesman for RealtyTrac, an online marketer of foreclosed homes.

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