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Tag: Amherst Securities Group LP

Prediction: “Impossible Number” of Foreclosures to Come?

If the apple does not fall far from the tree; how far does the real estate market fall from foreclosures? More than 11.5 million people will eventually default on their mortgages, predicts a leading mortgage analyst. Did you read that right? Yes. It’s no surprise that the weakening real-estate market has a strong correlation to the amount of severe negative-equity […]