Finance News - Business news from the UK and world: Almost 90pc of repossessed homes sold on at loss

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Almost 90pc of repossessed homes sold on at loss Mar 1st 2013, 12:30 Almost 90pc of all properties that have been repossessed since the start of the financial crisis are sold on at a loss, with the sale not covering the remaining mortgage, according to a new report by Fitch Ratings. Media files: hou_1982323i.jpg (image/jpeg, 0 MB)

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