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1 in 10 Homes Approaching Foreclosure

Posted By: Joshua Dorkin, about 3 years ago (Report Spam)
Category: Housing / Type: News
Source: biz.yahoo.com

A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted to the crumbling U.S. economy.