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Ranchers.net

if you're the Repo Man!!!...or Cal or ' boogie"
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Special Report

73,000 homes lost to foreclosure in May
Housing: It'll get worse
Housing crunch, 90210
FHA chief balks at taking on more bad loans


NEW YORK (CNNMoney.com) -- The housing crisis grew worse in May, as more than 73,000 American families lost their homes to bank repossessions, up a staggering 158% from the 28,548 households that were dispossessed in May 2007.

Foreclosure filings of all kinds, including default notices, notices of sheriff's sales and bank repossessions, were up 48% from May 2007, according to the latest release from RealtyTrac, the online marketer of foreclosed properties. Filings increased 7% from April.










http://money.cnn.com/2008/06/13/real_estate/foreclosures_may/index.htm?cnn=yes
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