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Study: Banks to blame for over 800,000 unnecessary foreclosures

A foreclosure sign. Photo: Wikimedia Commons.

By Paul Kiel ProPublica Over the past several years, we’ve reported extensively on the big banks’ foreclosure failings. As a result of banks’ disorganization and understaffing — particularly at the peak of the crisis in 2009 and 2010 — homeowners were often forced to run a gauntlet of confusion, delays,…

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