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UPDATE 2-Mortgage woes propel Calif. foreclosures to record

Story date: 2007-10-26 11:57:00
Added on: 2007-10-26 13:34:35


Reuters - California's third-quarter default level topped the state's previous peak of 61,541 in the first quarter of 1996, reflecting a surge in mortgage borrowers failing to keep up with loan payments. The most populous U.S. state's high home prices ...


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