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2007-11-08 — dailywealth.com
"Here's the thing, out of 107 homes in the Barrington, 41 are currently in default and will end up in foreclosure. Normally in North Carolina, fewer than 3% of home sales result in foreclosure. Something unusual happened here...
Beazer arranged the mortgage financing for 37 out of the 41 homeowners who ended up in default."
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