Reuters: LA, Miami foreclosures more than double: report

[NaDiNe]

LA, Miami foreclosures more than double: report
      

NEW YORK (Reuters) - New foreclosures almost quadrupled in Los Angeles and more than doubled in Miami in the second quarter from a year ago, with over $5 billion of mortgages turning sour in LA alone, real estate research firm PropertyShark.com said.
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