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    • Sun Aug 3rd 12:51 PM | Rating: 0 0
      Commented on:
      Is the U.S. Banking System Safe?
      The number of mortgages in default is going to climb as even people with A+ credit and fixed mortgages realize they are so far upside down that they are better off walking away. People who had the misfortune of buying at the top of the market will eventually figure out they are better off renting and taking a hit on their credit, than waiting for their lost equity (if any) to return.
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