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Foreclosure sales on the rise
Foreclosure sales are on the rise, even in states where banks need court approval to foreclose on a home. Sales rose to 91,000 in January, up 29% from the month before, according to LPS Mortgage...
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Principal reductions are few and far between
Mortgage servicers will have a lot of work to do to prepare for the coming wave of principal reductions unleashed by the $26 billion mortgage settlement. That's because they haven't been doing many of...
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Where student loans are most delinquent
Nearly 12% of student loans are at least 90 days delinquent, according to new federal data. But borrowers in some states are having more trouble paying their loans than their peers elsewhere. West...
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