Just when you thought the worst of the foreclosure bloodbath was over, banks and mortgage lenders are increasingly filing to force people out of their homes, says RealtyTrac, a firm that follows foreclosure trends.
RealtyTrac reported a record level of foreclosure filings for the month of March, up 17 percent from February and 46 percent from a year ago. Foreclosure numbers were the highest since the firm began keeping numbers in 2005.
"What you had were a couple of months where the numbers were artificially low," said Rick Sharga, a senior vice president of RealtyTrac, in an interview with ABC News. He said lenders held off on foreclosure actions because of promises of help from Washington and state governments. "Now we're seeing the pressure that built up behind the dam."