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Resource ID: #23022
Subject: Housing
Source: Denver Post
Affiliation: 
Date: 2006-12-31

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"Colorado leads a national wave of foreclosures that is leaving neighborhoods blighted and forcing many homeowners into financial ruin. The Denver Post examined why the state's foreclosure rate leads the nation and how it is affecting Coloradans, their communities and the economy. Aggressive building and lending practices, lax regulation and a high rate of mortgage fraud, among other factors, are pushing thousands of homeowners into foreclosure."

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