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10 Dec

Foreclosure filings fall 8 percent in November (AP)

Posted in business on 10.12.09

A pre-foreclosure sign is displayed outside a home in Miami, Florida, seen here in October 2009. US Treasury Secretary TimothyGeithner exercised the authority to extend the program, previously set to expire on December 31, in the Emergency Economic Stabilization Act passed in October 2008 at the height of the financial crisis.(AFP/Getty Images/File/Joe Raedle)AP – The number of homeowners on the brink of foreclosure fell in November, the fourth straight monthly decline, as mortgage companies evaluated whether borrowers were eligible for help.



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