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Thursday, July 12, 2012

New foreclosures jump 9% in second quarter - Jul. 12, 2012

New foreclosures jump 9% in second quarter - Jul. 12, 2012

 Foreclosures showed few signs of slowing during the first half of the year, with a sharp increase in new filings occurring during the second quarter.
More than one million homes had foreclosure filings -- notices of default, auction notices and bank repossessions -- during the first six months of 2012, up 2% from the previous six months, according to RealtyTrac, an online marketer of foreclosed properties.

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