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Tuesday, August 21, 2012

Cusack Spars With Pimco On Underwater Mortgages as Risk Recedes - SFGate

There was a time when 90 days without a NTS would be a red flag in any bank audit.

Cusack Spars With Pimco On Underwater Mortgages as Risk Recedes - SFGate

It appears that non-GSE defaults are falling precipitously with little improvement in govt owned debt.

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