By Jim Christie
SAN FRANCISCO (Reuters) – Mortgage lenders launched more than 70,000 foreclosure proceedings in California in the third quarter, marking a record for the state, where many housing markets are slumping amid mortgage market turmoil, according to a report released on Friday.
http://www.reuters.com/article/businessNews/idUSN2637340220071026?feedType=RSS&feedName=businessNews&rpc=23&sp=true
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