09-18-2007
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Rep Power: 648 | |  U.S. home foreclosures soar in August (AP)
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AP - The number of foreclosure filings reported in the U.S. last month more than doubled versus August 2006 and jumped 36 percent from July, a trend that signals many homeowners are increasingly unable to make timely payments on their mortgages or sell their homes amid a national housing slump.
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