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Old 10-30-2007, 02:33 PM
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Post CML forecasts 75% increase in home repossessions

The Council of Mortgage Lenders (CML) has published a sombre report in which it predicts that house repossessions will rise by 75%, in 2007.This would mean that the number families who will lose the roof over their heads will increase from 17,000 in 2006, to 30,000 by the end of this year.The forecast for 2008 [...]

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