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A foreclosure sign is seen on the lawn of a home in Egg Harbor Township, N.J., Saturday, March  15, 2008.  Banks and mortgage insurers, which have lost billions because of bad bets made during the housing boom, are now reverting to strict lending standards not seen in nearly 20 years.

A foreclosure sign is seen on the lawn of a home in Egg Harbor Township, N.J., Saturday, March 15, 2008. Banks and mortgage insurers, which have lost billions because of bad bets made during the housing boom, are now reverting to strict lending standards not seen in nearly 20 years.