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Thursday, October 28, 2010

Mortgage delinquencies are in 'serious trouble,' says LPS analyst

This is nothing new, this 7 million figure has been quoted for several months.
Lundstedt also pointed to regional troubles in the housing market.
"It's shocking the 13% of mortgage in Florida are in foreclosure," he said. "Not delinquent, not in default, but in foreclosure."
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