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Real Estate Briefing - Categorized | Mortgage more

US: Foreclosures rise in August

Posted on 16 September 2011

Foreclosure filings rose in August, as more homebuyers fell behind on their mortgage payments.

Filings were up 7% compared to July, but were still 33% lower than they were a year ago — marking the eleventh straight month of year-over-year declines, according to RealtyTrac, a leading online marketer of foreclosed properties……………………………………….Full Article: Source


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