Thread: Are banks hiding from us the true picture of the
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Old 01-28-2008, 11:28 PM
877YouKeep 877YouKeep is offline
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Join Date: Jul 2007
Posts: 673
Default Subprime Mortgage Meltdown
No, there are no hidden figures there are a few banks that went out of business, including Countrywide CEO received severance packages and he is gone. If there is 15 to 18 % delinquency that means there is 82-85 % making on time payments.
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