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June 19, 2007

Record Foreclosures Economy

This can't be good (WaPo):

The percentage of U.S. mortgages entering foreclosure in the first three months of the year was the highest in more than 50 years, according to the Mortgage Bankers Association. [Emphasis added]

Oops.

Posted by Jonathan at June 19, 2007 05:37 PM  del.icio.us digg NewsVine Reddit YahooMyWeb

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