A Stark Reminder why the 99% are Occupying

Foreclosure

Photograph by John Moore, Getty Images

Children lie in an empty living room as an eviction team removes their family's furniture during a home foreclosure on October 5 in Milliken, Colorado. The owners had stopped making mortgage payments some 11 months before, and the bank took possession of their home, according to Getty.
Foreclosures began to slow last fall when problems surfaced with the ways some lenders were handling paperwork, according to the AP. In response, many of the country's largest banks temporarily ceased all foreclosures.
But now the number of first-time default notices being issued has increased, AP reports, signalling renewed activity that could soon see an uptick in the number of active foreclosures.