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Resource ID: #23733
Subject: Mortgages
Source: Detroit News
Date: 2007-11-27



"Using data analysis and interviews with those inside and outside the mortgage industry, Ron French and Mike Wilkinson revealed the roots of the housing meltdown in Detroit, where 260 homes a day receive foreclosure notices. Presumed to be merely a symptom of Michigan's dismal economy, the foreclosure crisis instead was being fueled by rampant fraud and poor policing of the mortgage industry."

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