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Repossessed Houses Rising due to Higher Loan Payments
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http://www.eforeclosuremagazine.com/foreclosure-crisis/repos...
Submitted by lets03 29 months, 1 week, 2 days, 8 hours ago
Repossessed houses are expected to continue rising in many areas because of redefaults. According to CreditSights, 27 percent of all loans modified from January 2008 to March 2009 had their monthly payments increased.
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