Rising unemployment is delivering another blow to the depressed U.S. housing market. After months of declines in the number of foreclosures despite rising mortgage defaults, with a barricade of state and lender moratoriums preventing repossessions, foreclosures rose 6% in February from the month before, with 209,631 filings in all, according to Irvine, Calif.-based data firm RealtyTrac. Compared to the corresponding month a year ago, foreclosures were up 30%.

Full story: forbes.com