U.S. Foreclosure Filings Surpass 300,000 for 11th Month

Feb. 11 (Bloomberg) -- U.S. foreclosure filings rose 15 percent in January from a year earlier and exceeded 300,000 for the 11th consecutive month as modification programs failed to keep delinquent borrowers in their homes, RealtyTrac Inc. said. Bloomberg's Su Keenan reports. (Source: Bloomberg)