【CNBC】New foreclosures jump 20% in October, a sign of more distress in the housing market

• Foreclosure starts, which are the initial phase of the process, rose 6% for the month and were 20% higher than the year before.
• Completed foreclosures, the final phase, were up 32% year over year.
• Florida, South Carolina and Illinois led the nation in state foreclosure filings.

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