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November 24, 2009 | Tconsoli | Comments 0 | Filed Under: DailyForeclosureGovernmentNewsWall StreetWorld

U.S. Foreclosures, Delinquencies Jump in 3rd Quarter

U.S. mortgage delinquency rates and the percentage of loans that entered the foreclosure process jumped in the third quarter, with both reaching record highs, the Mortgage Bankers Association said on Thursday.

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