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Obama Administration Releases June Housing Scorecard

News release: “The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the  The Obama Administration’s Efforts To Stabilize the Housing Market and Help American Homeowners, June 2011, the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as home prices turned slightly upward, though showed continued strain from foreclosures and distressed homes. As more homeowners secure mortgage relief, fewer borrowers entered the foreclosure pipeline in June.”

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