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Disquieting Mortgage Trends in JP Morgan, Wachovia Results - Housing Tracker
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Chris, the losses to the government on non-performing loans will far exceed the UFMIP revenue. Would you guarantee a loan on an asset that is falling in value? We are in unchartered water here.
Apr 19 14:43 pm
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Disquieting Mortgage Trends in JP Morgan, Wachovia Results - Housing Tracker [View article]