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Latest Foreclosure Stats Look Bleak

In Uncategorized on November 2, 2010 at 8:32 am

The latest statistics in the housing market are bleak: permanent loan modifications in September were at their lowest number since the start of the goverment program; home sales fell sharply compared to 2009 levels; home prices are falling again after a period of holding steady; 4.4 milllion homeowners are in severe default on mortgage payments but not yet in foreclosure.

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