One in every 475 U.S. homes received a foreclosure notice in September, according to data released by RealtyTrac. Foreclosures, however, were down sharply month-to-month as new state laws aimed at slowing the process took affect, the foreclosure tracking firm said in its monthly report. SPEAKER: Steve Massocca, co-CEO, Pacific Growth Equities Conway Gittens reports from New York.
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Sunday, October 26, 2008
Foreclosures fall 12 Percent
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