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IPFS News Link • Economy - Economics USA

RealtyTrac: Foreclosure Activity May Hit 1.8 Million by Mid-Year

06-11-2009 • CalculatedRiskblog.com

“May foreclosure activity was the third highest month on record, and marked the third straight month where the total number of properties with foreclosure filings exceeded 300,000 — a first in the history of our report,” said James J. Saccacio, chief executive officer of RealtyTrac.

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Reported By Jack Gregson

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