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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
