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bloomberg.com - 1/15/2009

Foreclosures in U.S. Rose 81%, Topping 2.3 Million Last Year

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Jan. 15 (Bloomberg) -- U.S. foreclosure filings jumped 81 percent last year as falling house prices, tighter mortgage lending and the longest recession in a quarter century battered property owners, RealtyTrac Inc. said. More than 2.3 million properties got a default or auction notice, or were ...

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realtytrac.com - 1/15/2009

FORECLOSURE ACTIVITY INCREASES 81 PERCENT IN 2008

— realtytrac.com — By RealtyTrac Staff Nearly 3.2 Million Foreclosure Filings on More Than 2.3 Million Properties Reported IRVINE ,... Calif. – Jan. 15, 2009 – RealtyTrac® ( realtytrac.com ), the leading online marketplace for foreclosure properties, today released its ... (more) FORECLOSURE ACTIVITY INCREASES 81 PERCENT IN 2008

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Comments vote downundo vote up CARPE DIEM found this 1/15/2009found this

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Foreclosure Filings Rose 81% in 2008
naked capitalism — ... news release; DataQuick's figure was 12,672. But it is well nigh impossible to arrive at a correct answer due to problems of definition.... The implication is that foreclosure data really does not tell you how many people are actually losing their houses in any time period. But trend data from a single service (in the case of today's update, RealtyTrac) is probably a pretty good indicator of trends and amplitude. And the picture is not pretty. From Bloomberg: U.S. foreclosure filings jumped 81 percent last year as falling house ...

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