Wednesday, August 22, 2007

U.S. home foreclosures jump sharply in July (The Buffalo News)

LOS ANGELES The number of foreclosure filings reported in the U.S. last month jumped 93 percent from July of 2006 and rose 9 percent from June, the latest sign that homeowners are having trouble making payments and finding buyers during the national housing downturn.

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[Source: Yahoo! News Search Results for home equity loan]

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