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US Foreclosures Break Monthly Record

HeadlineApr 15, 2010

New figures show US foreclosures are at a record high. According to RealtyTrac, foreclosure filings topped 367,000 last month, the highest monthly total since RealtyTrac 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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