More than half of U.S. major cities showed an increase in foreclosures since the end of last year, according to RealtyTrac.
approved in March brought new standards and relief requirements for struggling homeowners.
As servicers adjusted, foreclosures began to increase in different areas of the country during the first quarter.
Filings increased in 26 of 50 largest cities, led by Pittsburgh, where foreclosures jumped 49% from the previous three months.
Friday, April 27, 2012