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Detailed text transcripts for TV channel - CNN - 20100715:15:47:00

The first half of last year, filings are up 8%, and the pace of bank repossessions, that s up, too, between the months of april and june and puts the number of foreclosed homes on track to hit 1 million by the end of this year because banks are no longer letting the properties sit in limbo. they are moving the paper work through the pipeline and repossessing the homes when they really haven t been in the past. so you ve got fewer peel losing their homes but it s a pretty good big number. which states are hit hard? nevada, california and florida. those are the top three places where we are seeing the foreclosed homes. nevada leading the way with 1 in 17 homes receiving a filing between january and june, arizona 1 in 30, and florida had 1 filing in every 32. also, california, utah and georgia and michigan rounding out the top ten. ....

Bank Repossessions , Ls Up , 1 Million , Haven T ,