A foreclosure sign sits atop a for sale sign in front of a single-family home in Denver.
A foreclosure sign sits atop a for sale sign in front of a single-family home in Denver.
Photo by Associated Press /Chattanooga Times Free Press .
published Saturday, April 7th, 2012
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Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales — scenarios that could further weigh down home values in coming months.

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