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New Crop of Foreclosures Is Coming

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  • William Matz | | 27 Jul 2012, 12:57 PM Agree 0
    There is the potential for a surge even in new starts due to ARM/mod increases, HELOCs going from interest-only to fully-amortized with short terms, the large number of new FHA mortgages that now have negative equity, continued high systemic unemployment, and theEuropean and Chinese economies slowing down. We are still in a very tenuous situation.
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