In 1999, many things changed with regard to the way HUD sold homes as HUD moved
toward the privatization of its effort to sell its inventory of foreclosure
hom
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Four percent of all homes mortgaged are foreclosed upon. This percentage is
stacked more heavily toward the segment of the real estate market referred to as
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Imagine a busy lending office where a loan officer has just ordered a credit
report. He hears the whir of the laser printer and he knows the pages of the credit
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