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Sunday, October 24, 2010

HOME OF THE BRAVE?

"The number of homes taken over by banks topped 100,000 for the first time in September, though foreclosures are expected to slow in coming months as lenders work through questionable paperwork, Banks foreclosed on 102,134 properties in September, the first single month above the century mark, RealityTrac said. There were 347,420 total foreclosure filings in September, 3 percent higher than August and 1 per cent higher than a year earlier." (Yahoo News, 14 October) RD

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