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US Could See Record 1M Foreclosures in 2010

Numbers 'unprecedented'

By the Associated Press

Posted Jul 15, 2010 6:35 AM CDT

(AP) – More than 1 million American households are likely to lose the roof over their heads to foreclosure this year, as lenders work their way through a huge backlog of borrowers who have fallen behind on their loans. Nearly 528,000 homes were repossessed by lenders...   Read full story »

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