Foreclosures are surging as U.S. homeowners grapple with rising costs | NYGazet

A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.

Kimberly Draxler was in shock when she called her mortgage lender in April and was told her four-bedroom home in Hillview, Kentucky, would be sold out from under her in a matter of days. Though she had been alerted that something might be wrong by a ... [4103 chars]