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News Link • Housing

Giant Sucking Sound: Mortgage Loss Severity, Subprime First-Lien

• aleablog.com/
This chart shows the loss severity for subprime first-lien mortgage loans in the tri-state area (New York, New Jersey, and Connecticut). Loss severity is defined as the average size of a loss if one occurs. Minus 70 percent.

http://www.thelibertyadvisor.com/declare