Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

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Servicing / The Ticker

11 states with the highest foreclosure rates

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24/7 Wall Street used CoreLogic's report to identify those states still bogged down with the most number of homes in the foreclosure process. To determine the list, 24/7 used statistics on unemployment, home price changes and how many days in each state the foreclosure process takes. It turns out that one of the biggest reasons foreclosure rates remain high is because of the lengthy foreclosure process.

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