The New York Times rambles, and mangles mortgages along the way

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits

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Deals on foreclosures begin to dissipate

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In a new report, Paul Diggle from Capital Economics writes that "ultra-low mortgage interest rates and steady, if not spectacular, job creation mean that the delinquency rate and foreclosure start rate are falling quickly."

He says this is causing the composition of inventory to shift, and points out that more homes are coming into the market as pre-foreclosure (short) sales.



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