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IPFS News Link • Economy - Economics USA

Defaults on Insured Mortgages Rise 35% to Record

12-31-07 • Bloomberg.com

Defaults on privately insured U.S. mortgages rose 35 percent in November to a record, an industry report today showed, adding to evidence the U.S. housing slump is deepening.

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Defaults on Insured Mortgages Rise 35% to Record

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