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What You Should Know / September 7, 2009

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2 Comments

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  • 1. Josephus P. Franks  |  September 9th, 2009 at 9:59 am

    That is, we’re near a 10% increase in the rate of prime mortgage defaults, but we’re still far from 10% of prime mortgages actually going into default.

  • 2. Josephus P. Franks  |  September 11th, 2009 at 10:48 am

    Wow, that Josephus is a fucking moron. The total mortgage-delinquency rate is nearing 10%, and the prime mortgage-delinquency rate increased by 5.8% in the second quarter to 6.4% overall.


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