Reuters: Foreclosures jump 57 percent in last 12 months

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Foreclosures jump 57 percent in last 12 months
      

NEW YORK (Reuters) - Home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago, as homeowners struggled to make mortgage payments, real estate data firm RealtyTrac said on Tuesday.
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