Foreclosure rate across US hits five-year high
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New figures show that home foreclosure rates in the month of March were the highest in 5 years. According to RealtyTrac, a California-based foreclosure consultancy, last month’s foreclosure filings totaled more than 367,000. That means 1 in nearly every 140 homes in America is in default. FSRN’s Matt Pearson reports.
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