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Wednesday, December 21, 2011

21% Increase In Home Foreclosures For 3rd Quarter

By Susan Duclos

Via Reuters:

The number of new home foreclosures jumped by more than 21 percent in the third quarter from the second as banks moved more aggressively after a pause to review how they deal with troubled borrowers, according to a report released by a bank regulator on Wednesday.

Read the whole thing.