Friday, February 19, 2010

Rate of homes going into foreclosure drops: MBA - MarketWatch

Rate of homes going into foreclosure drops: MBA - MarketWatch: "'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."

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