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Tax credit for (Buying foreclosed homes) home purchase could rise

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Unemployment Vexes Foreclosure Plan The Wall Street Journal Rising unemployment is complicating the Obama administration’s effort to reduce foreclosures and stabilize the housing market. The first wave of mortgage delinquencies was sparked by borrowers…(read more) short sale

Lost jobs forcing more out of homes USA Today WASHINGTON — The nation’s foreclosure crisis — once largely confined to only a few corners of the country — is spreading to new areas as the economy teeters. The foreclosure rates in…(read more) short sale

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