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IPFS News Link • Housing

U.S. Mortgage Foreclosures, Delinquencies Reach Highs

9-7-2008 • Bloomberg

Foreclosures accelerated to the fastest pace in almost three decades during the second quarter as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn't refinance or sell.

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Reported By Powell Gammill

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U.S. Mortgage Foreclosures, Delinquencies Reach Highs

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