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US home foreclosures, bank seizures on the rise

UNITED States home foreclosure filings jumped 60 percent and bank seizures more than doubled in February as rates on adjustable mortgages rose and property owners were unable to sell or refinance amid falling prices. More than 223,000 properties ...

From ALAN MIRABELLA, Shanghai Daily,  14 Mar 2008

Related Topics: Bloomberg News,  Citigroup

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