"Here is an embiggened version of the infamous jobs chart prepared by Obama administration economists Jared Bernstein and Christina Romer back in January 2009 (and now updated again by me with data from the August jobs report)."
Foreclosures Started as Percent of Loans Outstanding
"According to the Mortgage Bankers Association, foreclosure starts were at an all time record high of 1.42% in the third quarter of 2009, suggesting that foreclosure proceedings were initiated on over 750,000 homeowners between July and September. According to the Hope Now Alliance, roughly 2 million foreclosures have been completed since July 2007."
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