Recent hiccups in prices are not a sign of recovery
By Emmet Pierce / UNION-TRIBUNE STAFF WRITER
Nearly 50 San Diego County dwellings per day were lost to foreclosure in April, as the tally of mortgage failures rose 169 percent above last year, DataQuick Information Systems reported yesterday.
Buckling under the weight of risky adjustable-rate loans, many borrowers are giving up on ever bringing their debt current.
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