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April 15, 2010

US Foreclosures Break Monthly Record
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New figures show US foreclosures are at a record high. According to
Realty Trac, foreclosure filings topped 367,000 last month, the highest
monthly total since Realty Trac began issuing reports in January 2005.
Nearly 260,000 homes and other properties were repossessed in the first
quarter of the fiscal year. That’s an all-time record and a 35 percent
jump from the previous year.



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