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Reuters: Insured mortgage defaults top 80,000 in October

Started by NaDiNe, December 01, 2008, 10:08:46 PM

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NaDiNe

Insured mortgage defaults top 80,000 in October
      


NEW YORK (Reuters) - Defaults on privately insured U.S. mortgages rose 35 percent in October, and topped 80,000 for the first time, as the troubled economy caused more homeowners to fall behind on payments.<div class="feedflare">
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