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Loan Modification
: Mortgage Lender Implode-o-MeterPrime Jumbo RMBS Delinquencies Swell to 9.2%: Fitch
By Implode-Explode Heavy Industries
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" California and Florida spearheaded the rising delinquencies seen by Fitch, jumping to 10.8% and 16%, respectively, from 3.5% and 7.3% a year earlier. California represents 44% of the $388bn prime jumbo RMBS market, and Florida represents 6%."Full post as published by Mortgage Lender Implode-o-Meter on January 13, 2010 (boomark / email).
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