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Foreclosure

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Good-Credit Borrowers A Growing Problem for Servicers 

Oct 02, 2008By

First, the good news: the number of recorded foreclosure sales during August actually fell, according to data released Thursday by the coalition of mortgage servicers, counselors and investors known as HOPE NOW. The drop — from 91,902 foreclosure sales in July to 86,594 in August — was the first in the 14 months that group has been aggregating data from key servicers.

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