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Saturday, August 11, 2012

''Maryland had highest rate of new foreclosure filings in U.S.''

From Wapo

"The bottom line is, no matter what state you're in, there are still millions of foreclosures ahead," said Ginna Green, a spokeswoman for the Center for Responsible Lending, a consumer protection nonprofit.

In order to get the foreclosure explosion under control, Maryland and other states need to be aggressive about pursuing loan modifications for homeowners who still can continue to pay, she said.''

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