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Tuesday, December 7, 2010

Charting Foreclosure Basics: Zero Hedge

This is a great little cheat sheet.  Zero Hedge put information together from UBS

With recent revelations of the fraudclosure scandal, and a spike in interest toward all things REO, we decided to go back to basics and present some "appendices" over why this process of excess bank inventory clearance is so important and what its implications are, especially in a world in which foreclosing has suddenly become legally impossible.
Read it all

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