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New York Times: U.S. Foreclosures Climb to Record in 3rd Quarter

October 15, 2009

U.S. Foreclosures Climb to Record in 3rd Quarter
New York Times

... "The problem is prime loans going into foreclosure and people being underwater and losing their jobs," Richard Green, director of the Lusk Center for Real Estate at the University of Southern California, Los Angeles, told the news service. "It's a really bad number."...