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More than a million homes in foreclosure in latest report - Jun. 5, 2008
This article related to: subprime mortgages, U.S. economy, delinquencies, foreclosures, adjustable rate mortgages, home price declines
Mortgage bankers report hits grim benchmark in first quarter, showing that the housing, banking crisis is growing more dire. NEW YORK (CNNMoney.com) -- More than one million homes are now in foreclosure, the highest rate ever recorded, according to a trade group which ...