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Foreclosures higher

Posted by billspaced | 2:40 PM | | 0 comments »

New mortgage foreclosures set record - Yahoo! News
The delinquency rate, which tracks the number of people who are behind in their payments but have not yet entered the foreclosure process, was also up sharply during the spring, rising to 5.12 percent of all loans, up nearly three-fourths of a percentage point from the same period a year ago.

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