Foreclosure filings jump in Miss. - MSNewsNow.com - Jackson, MS

Foreclosure filings jump in Miss.

JACKSON, Miss. (AP) - A national tracking firm says that although Mississippi has avoided the worst of the national housing crisis, the number of properties targeted by foreclosure filings in 2010 jumped more than twofold from two years ago.

Irvine, Calif.-based RealtyTrac said 5,280 properties received some type of foreclosure filing last year, ranging from an initial notice of default to outright seizure and sale by a lending institution. That was up 130% from 2008, but a slight drop of 2.3% from 2009.

One in every 240 housing units in Mississippi received some kind of notice last year, ranking the state 45th in the nation.

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