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Are Banks Holding a Shadow (Foreclosure list) Inventory of Homes?

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Source: www.foreclosurepulse.com

Foreclosures in the Millions Midway through 2009
A total of 1,905,723 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,528,364 U.S. properties in the first six months of 2009, a 9 percent increase in total properties from the previous…(read more)
Source: www.foreclosurepulse.com

Foreclosure Filings Hit 1.5 Million Homes in First Half of 09
Foreclosure Filings Hit 1.5 Million Homes in First Half of ‘09 Wall Street Journal The foreclosure train wreck continues, as a weak job market and falling home prices pushed foreclosures to a record high in the first half of the year. So far this…(read more)
Source: www.foreclosurepulse.com

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