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delinquencies

"Even when they're giving them up, they're still not glad to see you,"

5
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Posted on May 15, 2008 - 7:09am at Stone Soup Station
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Is anyone surprised that we're seeing this kind of uptick in credit disasters, especially for those folks who could barely afford to exist back when gas was 2 bucks a gallon?

Anyone at all?

"...doing what we can to avoid preventable foreclosures is not just in the interest of lenders and borrowers. It's in everybody'

7
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Posted on May 15, 2008 - 5:19am at Stone Soup Station
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Bernanke's getting scared....

Bernanke's Federal Reserve Freakout

It’s Also a Prime Problem

8
vote
Posted on February 12, 2008 - 8:20am at The Crone Speaks
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Surprise, surprise. The “sub-prime” disaster is spreading to prime-rate mortgage holders.

The credit crisis is no longer just a subprime mortgage problem.

As home prices fall and banks tighten lending standards, people with good, or prime, credit histories are falling behind on their payments for home loans, auto loans and credit card

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