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Real Estate & Property Law
: Housing WireDelaying the Inevitable Re-Default
By JACOB GAFFNEY
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Fitch Ratings is joining a growing chorus of voices that say the recent refi deluge will not likely stave off an eventual mortgage re-default for the majority of takers.
Auction companies HousingWire is speaking to for its July 2009 feature on the topic are predicting the same outcome.
Fitch’s conclusion is outlined in a just-released report citing [...]Full post as published by Housing Wire on May 26, 2009 (boomark / email).
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