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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By David Streitfeld / The Bulletin
August 12, 2010
PHOENIX — During the great housing boom, homeowners nationwide borrowed a trillion dollars from banks, using the soaring value of their houses as security. Now the money has been spent, and struggling borrowers are unable or unwilling to pay it back.
The delinquency rate on home equity loans is....
