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What if 25% of homeowners mortgages defaulted in one year?
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11-12-2007, 09:24 PM
Luxoris
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Join Date: Jul 2007
Posts: 106
Re: What if 25% of homeowners mortgages defaulted in one year?
There would be a bail-out long before it could ever reach 25%. If it did, the Great Depression would look like a minor recession.
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