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Loan Modification

: Mortgage Lender Implode-o-Meter

Default Expectations on US Alt-A Option ARM Loans Double in Latest Quarter to 25%

By Implode-Explode Heavy Industries

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"Investors? default rate forecasts for collateral in nearly all classes and vintages of U.S. residential mortgage-backed securities have risen dramatically in Standard & Poor?s Fixed Income Risk Management Services? latest quarterly survey, while predictions for European mortgage default rates have fallen across all classes and vintages with the exception of Spain."

Full post as published by Mortgage Lender Implode-o-Meter on February 18, 2010 (boomark / email).

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