Tuesday, February 26, 2008

US home foreclosures soar in January

LOS ANGELES - The number of homes facing foreclosure jumped 57 percent in January compared to a year ago, with lenders increasingly forced to take possession of homes they couldn't unload at auctions, a mortgage research firm said Monday.
http://news.yahoo.com/s/ap/20080226/ap_on_bi_ge/foreclosure_rates

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