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NEW YORK — Industry measures to keep homeowners out of foreclosure aren’t keeping up with the increasing number of foreclosures, according to a study conducted by a group of state attorneys general and state banking regulators.

The State Foreclosure Prevention Working Group found that 80% of homeowners facing foreclosure are not on track for loss mitigation. The group recently issued its analysis of subprime mortgage servicing performance for the period February through May 2008. In a previous study, the group found that 70% of the homeowners were not on track for loss mitigation.

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