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US home foreclosures double

Story date: 2007-10-11 11:49:00
Added on: 2007-10-12 01:00:11


Financial Times - ... which compiles housing data. California had the largest number of foreclosures, with 51,259, and Florida was second, with ... Issuance of adjustable rate mortgages, the cause of many of the defaults among subprime home buyers, dropped 76 per cent ...


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