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Mortgage delinquencies surge to a record

Wed, 05/19/2010 - 13:26

In this May 13, 2010 photo, a brand-new $1.1 million, 5,200 square foot home in Davie, Fla. is offered for short sale. The number of homeowners who missed at least one payment on their mortgage surged to a record in the first quarter of the year.The mortgage crisis is dragging on the economic recovery as more homeowners fall behind on their payments.





Foreclosure - Mortgage - Business - Real estate - United States

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