American Nightmare: Top 10 Cities for Foreclosures

If you drive 32 miles east of Reno, you'll find Fernley, Nevada. The city that limits its dog count to three per address and speaks out about the effects of graffiti on its Website has troublesome news to digest. It has the nation's highest foreclosure rate through August. While the great recession has wreaked havoc on numerous local economies, Fernley has been the hardest hit. The city has seen more than 3,500 foreclosure filings over a 12-month period among its 17,900 housing units,...Full Story
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