Californians lost their homes to foreclosure in record numbers for a second straight quarter, and the trend is creeping into affluent communities, figures released Friday show.
Foreclosures statewide hit a new high of 24,209, besting the previous record by 39%, according to DataQuick Information Systems. Default notices — the first step toward foreclosure — rose to 72,571 for the three months ended Sept. 30, breaking a record set in 1996. for more click here