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Tag: Obama

California Mortgage Defaults Drop 24.3%

RE News March 8, 2010 JohnHart Real Estate 0 Comments

Banks are working with their clients in order to help prevent foreclosures. Over the past three months data from MDA DataQuick shows a 24.3% decrease in the amount of foreclosures or notices of default. Trustee sales did increase a little over 2%, the final stage of the foreclosure process for California.

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