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Foreclosure rate drops (access required)

by IBR Staff
Published: July 11,2008
Time posted: 1:00 am

U.S. foreclosure activity dropped 3 percent from May to June but remained 53 percent above the June 2007 total, Realtytrac.com reported July 10. One of every 501 U.S. households received a foreclosure filing last month, the Irvine, Calif.-based RealtyTrac said in a release. A year-to-year increase above 50 percent ...



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