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Long-term implications of foreclosure freeze are 'grave'

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Monday, October 11, 2010 at 10:49 am (Updated: October 11, 11:17 am)

NEW YORK (AP) — Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a resort near the Berkshires, Case thought the makings of a recovery were finally falling into place.


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