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Florida Ranks No. 3 for November Foreclosures

Florida reported the third highest number of November bank or lender repossessions with 5,087, a 198 percent increase from the 1,708 reported in November 2006.

Nationwide, nearly 1.1 million homes entered the foreclosure process so far this year, up 93 percent from the 559,750 foreclosures filed during the same period last year.

 

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