Annual Home Foreclosures Soared by 48% in May, Says Reporthttp://www.mortgagenewsdaily.com/6132008_May_Foreclosures.aspU.S home foreclosures grew by 7% percent in May and increased by 48% annually, according to a report released by RealtyTrac. That is the highest rate since the firm began tracking foreclosures in 2005. There were 261,255 foreclosure filings in May asenCommunityServer 2008 SP2 (Build: 31106.96)