Foreclosure – Crisis Won’t Be Fixed Until Jobs Return
Two and 1/2 years after the Great Recession later, millions of the nation’s homeowners still remain at risk of foreclosure. An analysis of court records of foreclosure proceedings by the Justice Center of North Carolina and Georgia shows more than 40,000 foreclosure filings by the end of July, and expect a record of 70,000 foreclosures by the end of this year, beating last year’s record of 63,289.
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