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Home repossessions jump 42%, but experts say this isn’t another 2008

Home repossessions jump 42%, but experts say this isn’t another 2008
Photo: KXXV (ABC 25) News · view original

Banks are repossessing more homes across the country, but housing experts say the eye-catching increase needs some context. Lenders repossessed nearly 5,800 homes in August, up 42% from a year earlier. But that doesn't mean overall foreclosure activity jumped by the same amount. More than 40,000...

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