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DALLAS (Dallas Morning News) – The number of Dallas-area home loans that were 90 days or more late rose to 4.95 percent in September, while an additional 1.26 percent of mortgages were in foreclosure, according to First American CoreLogic.
Local late payments in September were higher than Texas’ 4.57 percent rate, but still below the national average of 7.27 percent.
The national rate of foreclosures was 1.67 percent in September.
Also see complete RECON issue for 11/6/2009.
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