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IPFS News Link • Economy - Economics USA

Foreclosures jump 57% and repos 129% in last 12 months

4-15-2008 • Reuters

Home foreclosure filings surged 57% in the 12 month-period ended in March and bank repossessions soared 129% from a year ago, as homeowners struggled to make mortgage payments, real estate data firm RealtyTrac said.

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