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Loan Modification

: Mortgage Lender Implode-o-Meter

Recent vintage Alt-A RMBS delinquency rates continue to rise

By Implode-Explode Heavy Industries

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"Standard & Poor?s October performance report shows just how poorly recent vintage ?not-quite-prime? Alt-A residential mortgage-backed securities are performing in absolute terms and relative to earlier vintages."

Full post as published by Mortgage Lender Implode-o-Meter on December 05, 2009 (boomark / email).

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