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Record number of borrowers get mortgage help

November 28th, 2008

NEW YORK (CNNMoney.com) — Mortgage lenders helped save a record 225,000 at-risk mortgage borrowers from losing their homes during October, according to a report issued Tuesday by a coalition of lenders, mortgage servicers, investors and counselors assembled to fight the foreclosure plague.

The coalition, Hope Now, said the number was up from 212,000 in September.

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