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0 Foreclosures shifting to affluent ZIP codes

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Mortgage distress has moved upstream in part because of economic conditions such as unemployment and stock losses. Also in play is a different type of risky loan called option ARM (adjustable rate mortgage) that's just beginning to cause problems. "In high-end areas, (default notices), which started at super low levels, have grown 50 percent to 100 percent higher, It definitely seems like the focus is shifting,"

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