Treasury’s Steel says foreclosure rate likely to remain ‘elevated’
WASHINGTON (Thomson Financial) - The US foreclosure rate will likely remain “elevated above its historic level,” Treasury Under Secretary Robert Steel said today.

WASHINGTON (Thomson Financial) - The US foreclosure rate will likely remain “elevated above its historic level,” Treasury Under Secretary Robert Steel said today.
COLUMBUS — Lt. Gov. Lee Fisher announced Wednesday that 24 organizations will receive $2 million in awards for foreclosure counseling through the Foreclosure Prevention Housing Counseling Program. The grants will assist 9,000 low- and moderate-income households in 64 Ohio counties.
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Riverside County had one of the worst foreclosure rates in the nation during 2007, seeing a meteoric 191 percent jump from the previous year to about one home out of every 23 entering foreclosure, according to a national report released Tuesday.
Forty families are part of the pilot program which gives $5,000 to homeowners facing foreclosure.
DENVER - Animal shelters and rescue groups in Colorado say they are alarmed by the number of pets who are becoming victims of the foreclosure crisis.
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