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Tag Archives: Moral Hazard

Bank of America to Increase Foreclosure Rate by 600% in 2010

March 29, 2010

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Bank of America made headlines with its principal forgiveness program. The real news is that they are preparing to blast debtors out of their bunkers of entitlement.

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Recovery: How Long Did it Take Last Time?

January 5, 2010

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Buying into the abyss proved profitable in the early ‘90s, is this time any different?

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