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NYC foreclosures rise 19% year over year

By Patrick   2013 Feb 3, 9:17am   726 views   1 comment   watch (0)   quote      

http://www.nypost.com/p/news/business/ny_ag_gets_as_foreclosures_rise_1EXgYlEH1LDIYe6CSVMADL

While foreclosures nationally fell 3 percent last year, New York City filings climbed 19 percent, or 13,116 properties, according to a new report.

The outer boroughs were the hardest hit, with Queens seeing a 164 percent rise year-over-year and Staten Island rising 19 percent over the same time frame, according to RealtyTrac, which expects another spike this year.

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1   MMR   285/285 = 100% civil   2013 Feb 3, 1:13pm  ↑ like   ↓ dislike (1)   quote    

When LPS can settle with the State of New York for 1.9 million, given that they earned 290 million on 2.1 billion of revenue, they will continue their behavior for as long as they can possibly get away with it.

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