One million foreclosure landmark a boon for some buyers

The Center for Responsible Lending (CRL) estimates that one million new foreclosures have been filed so far in 2009. The news comes on the heels of the release of the first quarter 2009 National Delinquency Survey from the Mortgage Bankers Association (MBA) which reveals that 12 percent of all mortgages are now delinquent, the highest level in the 37 years the MBA has been measuring delinquency rates. Yet, for some Americans, foreclosure properties represent an excellent opportunity to buy homes. CNNMoney.com reports that more Americans than ever are interested in purchasing properties that have been foreclosed upon. The article also provides some suggestions regrading where to find listings of foreclosure properties. One site they missed however, is ForeclosureDataBank.com. ?There are jus