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Real Estate & Property Law

: Housing Wire

Subprime, Alt-A Delinquencies Piling Up

By PAUL JACKSON

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Think of those highway pileups, where one car stops and 50 more cars behind it run into each other — that’s pretty much what appears to be taking place in the nation’s mortgage market, thanks to a growing trend towards foreclosure moratoria that have slowed foreclosure roll rates. New data released Friday morning by Clayton [...]

Full post as published by Housing Wire on December 23, 2008 (boomark / email).

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