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Illinois Foreclosures Up

By Angela Hatton

Chicago, IL – The expiration of an anti-foreclosure law in Illinois has caused a spike in foreclosure activity. A report released today by RealtyTrac shows more than 14-thousand foreclosure filings in Illinois last month. One in every 361 housing units in the state received a foreclosure filing. That's 63 percent higher than July of last year and eighth-highest nationally.