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Scary foreclosures not as widespread as it seems

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Anonymous
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Scary foreclosures not as widespread as it seems

http://www.mercurynews.com/realestatenews/ci_6887419
 
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Bottom line: The scary foreclosure and delinquency rates you're hearing about are for real. But they're highly concentrated - among loan types, local and regional economies, and are especially prevalent among investors in formerly high-flying markets who are finally throwing in the towel.
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