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IPFS News Link • Housing

Home Price Depreciation Leading Cause of Mortgage Default

04-14-2009 • thetruthaboutmortgage.com/

A report released by the Boston Fed last week found that home price depreciation is a leading cause of mortgage default, challenging common arguments that attribute rising delinquencies to unaffordable mortgage payments.

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Reported By Jack Gregson

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Home Price Depreciation Leading Cause of Mortgage Default

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