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MrBankRoll

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MrBankRoll

Re: Investorman post# 200

Friday, 02/19/2010 12:03:42 PM

Friday, February 19, 2010 12:03:42 PM

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Mortgage woes get better ... beginning of the end?
Bankers report slower rate of delinquencies, foreclosures.

"We are likely seeing the beginning of the end of the unprecedented wave of mortgage delinquencies and foreclosures that started with the subprime defaults in early 2007," said Jay Brinkmann, chief economist of the Mortgage Bankers Association, in a written statement.

http://www.marketwatch.com/story/home-foreclosures-start-to-tail-off-mba-says-2010-02-19?siteid=nwham
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