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Deutsche Bank: ‘Underwater’ Mortgages to Hit 48%
(
bloomberg.com
)
10 points
by
cwan
on Aug 7, 2009
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1 comment
yread
on Aug 7, 2009
[–]
Phew for a second I thought it's in europe! But it seems the recession in the US is far from over - 14% decline in house prices and more defaults surely means more trouble ahead for both banks and their insurers
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