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Real Estate > Piggington's Econo-Almanac

Mortgage Defaults Hit All-Time Highs

Rich Toscano | Wed, 03/18/2009 - 6:46am |  Add a comment

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A record number of San Diego mortgages went into default last month. 3,705 homes entered this initial stage of foreclosure, surpassing the previous high of 3,601 default notices delivered in April 2008. Trustee sale notices, which occur later in the foreclosure process, remained well below thei
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