Wednesday, August 22, 2007

July foreclosures up 93 percent vs year ago: survey (Reuters via Yahoo! News)

Home foreclosures rose 9 percent in July from June and soared 93 percent from a year ago as states that once enjoyed a white-hot housing market are now seeing the greatest number of loan failures, a real estate survey reported on Tuesday.

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[Source: Yahoo! News Search Results for housing loan]

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