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IPFS News Link • Economy - Economics USA

Record Foreclosures Sweep California in July: 25% Increase Over June

July was another record month for foreclosures in the state of CA with all hell breaking lose and banks taking back roughly 26,500 homes for $12.5 billion. This 25% increase breaks all records ever posted....

1 Comments in Response to

Comment by Ron Moss
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Sweeping foreclosures by design. The banking industry is responsibile for deceptive loan practice
introducing indexes the buyer had no knowledge of or understanding of to suck buyers into a trap.
I barely qualified for the payments beginning then was advised the payment would tripple. No Way.