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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (19914)10/13/2004 4:40:51 PM
From: patron_anejo_por_favor   of 110194
 
<<What does negative backlog mean?>>

Borrowers are so far upside down that they have to build a house to give to the original builder?<G>

Seriously, it sounds like they've built out all their existing orders and now have some homes available on spec.....
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