What's Behind the Big Jump in Foreclosures?

The recent recovery in housing has led to immense optimism among investors that the worst of the housing bust is behind us. Yet recently, another spike in foreclosures has some wondering whether a new downturn could be right around the corner.

In the following video, Fool contributor Dan Caplinger discusses several reasons foreclosures are on the rise. Dan explains how a combination of backlogged courts and long foreclosure procedures in certain states forced many lenders to wait years to move forward, while in some cases, banks didn't want to foreclose until positive signs in the market started to emerge.

Many investors are scared about investing in big banking stocks after the crash, but the sector has one notable stand out. In a sea of mismanaged and dangerous peers, it stands out as The Only Big Bank Built To Last. You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.


The article What's Behind the Big Jump in Foreclosures? originally appeared on Fool.com.

Fool contributor Dan Caplinger and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Finding Stock Ideas

Learn to do your research and find investments.

View Course »

Goal Setting

Want to succeed? Then you need goals!

View Course »

Add a Comment

*0 / 3000 Character Maximum