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

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Description

"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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