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Nationwide, Foreclosures Rise....

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But California appears to be "bucking the trend" of growing bank seizures, reports the LA Times . It's not clear if banks are just holding off. "California homes received a total of 192,422 foreclosure filings in the second quarter, a 24% decrease from the same quarter a year earlier and an 11% drop from the first three months of the year. Notices of default were down 43% from the same quarter a year earlier and 15% from the first three months of the year." [LA Times]