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Foreclosures Jump Above 300,000 for Sixth Straight Month

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FOR GOLDMAN SACHS, FORCED DELEVERAGING
"Foreclosure filings in the U.S. exceeded 300,000 for the sixth straight month as job losses that boosted the unemployment rate to a 26-year high left many homeowners unable to keep up with their mortgage payments," according to Bloomberg. "Foreclosures aren’t abating even as demand is returning to the U.S. housing market after a three-year slump."
SOURCE:   Bloomberg

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