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Posted by Yadda on June 16, 2009, 5:15 am
on 6/15/09 8:20 AM rick++ said the following:
> not until the underlying mortgage crisis ends. Thats keeps
> on chugging along as something like a fifth of US mortgages
> are underwater.
>
1 in 10 US mortgages are in arrears or foreclosed.
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