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Home Delinquencies Fall; Foreclosures Rise
Fewer borrowers currently are delinquent on their home loans, a Mortgage Bankers Association (MBA) report shows. Curiously, new foreclosures are rising in states like California. This is evidence...
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As Foreclosures Decline, Federal Government Makes Deal With 49 States
In good news for beleaguered homeowners, the Obama administration announced a $26 billion mortgage settlement, which 49 out of 50 state attorneys general signed on to. The deal won praise from such...
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