The number of homeowners receiving foreclosure notices hit a record high in the spring, driven up by problems with subprime mortgages.

Adjustable-Rate Mortgages Fuel Foreclosure Crisis (NPR)
More and more homeowners are in danger of losing their homes after falling behind on their mortgage payments. According to the Mortgage Bankers Association, new foreclosure filings hit an all-time high this spring. Trouble in the credit market since then has likely made things worse.