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In Farmington New Mexico: Local foreclosure rate exceeds national level

FARMINGTON — Despite a recent decrease in the number of properties in foreclosure proceedings in the city, Farmington’s foreclosure rate is higher than the national average, according to a national report released last week. A national foreclosure report issued Thursday by the Irvine, Calif.-based property research company CoreLogic Inc. shows that the rate of foreclosure in Farmington dropped by 0.16 percentage points from last
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