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	<title>Contrarian Stock Market Investing News - Featuring Bargain Stocks &#187; National Association Of Consumer Advocates</title>
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		<title>Housing Crisis: 243,000 US Homes in Foreclosure and Counting</title>
		<link>http://www.contrarianprofits.com/articles/housing-crisis-243000-us-homes-in-foreclosure-and-counting/2092</link>
		<comments>http://www.contrarianprofits.com/articles/housing-crisis-243000-us-homes-in-foreclosure-and-counting/2092#comments</comments>
		<pubDate>Wed, 14 May 2008 20:54:13 +0000</pubDate>
		<dc:creator>Contrarian Profits</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial News]]></category>
		<category><![CDATA[Brian Hunt]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[housing crisis]]></category>
		<category><![CDATA[Housing Slump]]></category>
		<category><![CDATA[National Association Of Consumer Advocates]]></category>
		<category><![CDATA[Real Estate Sector]]></category>
		<category><![CDATA[Realtytrac Inc]]></category>

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		<description><![CDATA[<p><a href="http://www.bloomberg.com/apps/news?pid=20601087&#38;sid=aPuHZaN5Lazs&#38;refer=home" title="Open a new browser window to learn more." target="_blank">US foreclosure filings climbed 65%</a> and bank seizures more than doubled in April from a year earlier as mortgage industry efforts to modify loans fell short, reports Bloomberg.</p>
<blockquote><p>More than 243,300 properties were in some stage of foreclosure, the highest monthly total since RealtyTrac Inc., a seller of default data, began in January 2005. One in every 519 households received a filing and Nevada, California and Florida had the highest rates. Filings rose 4 percent from March.</p>
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			<content:encoded><![CDATA[<p><a href="http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=aPuHZaN5Lazs&amp;refer=home" title="Open a new browser window to learn more." target="_blank">US foreclosure filings climbed 65%</a> and bank seizures more than doubled in April from a year earlier as mortgage industry efforts to modify loans fell short, reports Bloomberg.</p>
<blockquote><p>More than 243,300 properties were in some stage of foreclosure, the highest monthly total since RealtyTrac Inc., a seller of default data, began in January 2005. One in every 519 households received a filing and Nevada, California and Florida had the highest rates. Filings rose 4 percent from March.</p>
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