Monthly Foreclosures Up 55 Percent Compared To July Of Last Year
RICHMOND, CA - AUGUST 14: A gate is padlocked outside of a boarded up apartment complex that is for sale August 14, 2008 in Richmond, California. According to a report by RealtyTrac, home foreclosure filings surged 55 percent in July compared to a year ago as borrowers continue to default on home loans. (Photo by Justin Sullivan/Getty Images)

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