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February 28, 2010

Poster town for the foreclosure crisis

ASSOCIATED PRESS STOCKTON, Calif. - Since the housing crisis began, this inland port city 80 miles east of San Francisco has had one of the worst foreclosure rates in the country - and for most of the time, has had the worst rate. At the height of it, about one in 10 houses fell to foreclosure. Houses that sold for more than $500,000 before the crash now go for $200,000. In some neighborhoods

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