I heard foreclosures are rising. Should we worry about another 2008?

Foreclosure activity ticking up in specific reports doesn't automatically point to a repeat of 2008, which was driven by a very different combination of lending practices and a broader financial system failure than what's typically behind a localized increase today. Comparing current lending standards, which are far stricter than they were then, to today's foreclosure data gives a more accurate picture than a single alarming headline. Brian Beatty can walk through what's actually driving foreclosure activity in your specific area right now.