U.S. Home Foreclosures Rise 68 Percent in November (Update2) (Bloomberg.com)

Story date: 2007-12-19 10:12:51
Added on: 2007-12-19 17:00:19

Dec. 19 (Bloomberg) -- U.S. home foreclosures rose 68 percent in November from a year earlier and may surge in 2008 as adjustable-rate mortgages leave subprime borrowers unable to meet higher payments, according to data compiled by RealtyTrac Inc.


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