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Lenders take 134 LI homes via foreclosure in May
Lenders took back 134 Long Island homes in May from borrowers who could not meet their loan obligations, according to RealtyTrac, which tracks foreclosure activity.
Nassau had 63 actual foreclosures and Suffolk had 71, compared to 106 for Long Island in May 2008 and 97 in April, the data show. The higher number may reflect foreclosure cases reaching an end in a state where it can take up...
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