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Numbers Game

Foreclosures are down in Detroit (YAY!) but they are going to come back up (BOO!) In 2011 there were 31 percent fewer filings for foreclosure in metro Detroit according to RealtyTrac data. The catch is that the decline in filings took place when banks put some foreclosures on hold to deal with abuse claims. After last month's $25 billion federal settlement against the largest mortgage lenders, they'll be back at it again. [Huff Post Detroit]