Sections

Weather Forecast

Close
Advertisement
Foreclosures

Recession generates record number of foreclosures in region

Email

Several counties in the region reported record numbers of foreclosure sales in 2009, and officials say 2010 isn't shaping up to be much better.

On the other hand, the recession that knocked much of the United States for a loop has had a somewhat less devastating impact locally, said Blaise Johnson, director of lending for Fargo-based Gate City Bank.

"We have seen a slight increase in properties we've had go through foreclosure," Johnson said.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Advertisement
Advertisement