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Politics : Formerly About Advanced Micro Devices
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To: bentway who wrote (451817)1/28/2009 11:35:52 AM
From: Road Walker  Read Replies (1) of 1576336
 
About 6.9% of prime "jumbo" loans were at least 90 days delinquent in December, according to LPS Applied Analytics, a mortgage-data research firm. The rate was up sharply from 2.6% a year earlier. In comparison, delinquencies of non-jumbo prime loans that qualify for backing by government agencies climbed to 2.1% from 0.8% in December 2007.

Of course that is proof positive that the Dem's 'affordable housing' programs were the cause of this mess </sarcasm>. All those low income folks were buying $750K houses...
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