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First American CoreLogic reported this morning that 11.99 percent of mortgages in Sacramento, Placer, El Dorado and Yolo counties are 90 days behind on payments, somewhere in the foreclosure process or tied to a bank repo listing.

That's a December 2009 number, concluding a year that opened with 7.64 percent of area mortgages in that condition. The number of distressed mortgages rose all year long as unemployment rose, more private sector workers took wage cuts and state government continued furloughing its employees three days monthly.

The full First American report for the four-county region is here.

  

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