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New wave of foreclosures lurks as defaults pile up


Last updated:
Fri, 20 Nov 2009 18:30:00 +0000

Millions more homeowners across the U.S. miss payments, fueling fears that recovery could stall.

The economy and the stock market may be recovering from their swoon, but more U.S. homeowners than ever are having trouble making their monthly mortgage payments, according to figures released Thursday.


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