Foreclosures Hurting Spy Community

Spooks hit hard by housing market woes.

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Since the country's housing market plunged off a cliff two years ago, "debt resulting from job losses and home foreclosures have had a devastating effect on people holding national security clearances," contends Virginia-based national security attorney Sheldon Cohen, who compiled data released by the Department of Defense Office of Hearings and Appeals. It's the only one of the country's 11 clearance boards that makes data available to the public. The total numbers are secret but, based on his research, foreclosures "more than any other factor today, [are] causing the revocation or denial of security clearances, resulting in the loss of good paying jobs, and putting skilled workers further and further behind in their effort to dig out of debt."

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