New Foreclosures Up Nearly 14% in August

MADISON, Wis. (WTAQ) - The number of new foreclosure cases in Wisconsin rose in August for the first time in three months.

ForeclosureAlarm.Com of Madison said there were just over 2,500 new court cases last month that accused homeowners of getting too far behind on their mortgages.

That’s up by almost 14 percent from July. And there were 27 more filings than in August of last year.

In southeast Wisconsin, 7 counties had over 1,000 new foreclosure cases for the first time since April. Milwaukee County had 514 new cases, after both June and July were below the 500 mark.