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Stockton California "Foreclosure Capital of the World" MSNBC report
christonium.com — Jane Wells, reporter for MSNBC, just concluded a piece on the number of foreclosures in Stockton, California. One of every 38 homes in Stockton California is in foreclosure. Some of the Banks holding the mortgages are actually paying up to $3000 to have the families leave of their own accord. It is quite simply easier and cheaper for the Bank
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