Foreclosures Rise Nearly Fivefold in Santa Clara County
posted by Salim 1275 days 2 hours 3 minutes ago
ForeclosureRadar said the number of filings that initiate foreclosure dropped in July for the second straight month. Nearly five times as many homeowners in Santa Clara County lost their properties to foreclosure last month than in July 2007, signaling there's not end in sight to the local mortgage crisis.
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