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Foreclosure scandal impact: Sales dry up

Big banks are having trouble restarting the foreclosure process after this fall's "robo-signing" scandal, and the once booming market for foreclosed homes has been hit hard as a result.

According to ForeclosureRadar, the number of properties coming to auction in hard-hit western states -- Arizona, California and Nevada -- has dropped more than 30%.

Read More: http://bit.ly/eWy2Rm

 

 

 

 

 

 

 

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