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In a striking trend, profit margins slipped to their lowest point since 2009.
New Jersey, Illinois, and inland California had the highest concentrations of the most at-risk markets in the first quarter.
Rose 1% in May from April as activity continues steady climb toward normal.
Only bright spot in the segment was home equity loans, which grew 28% annually.
According to ATTOM, 44.9% of US mortgaged residential properties considered equity-rich
Houses are less affordable in nearly 80% of all U.S. counties.
