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  • Number of U.S. Homes With Negative Equity Is Stunning [View article]
    The banks can't afford to take the loss either by foreclosure or modification. The losses are simply too great either way. Especially since the coming foreclosure due to Alt-a and prime and many foreclosures due to the deep economic crunch. It's going to be an avalanche that wipes out all of the bank equity and more. Get ready for the deep six.

    Jolly Rancher
    Nov 12 08:06 am |Rating: +2 0
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