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Expert Analyses of the following article:

October Foreclosure Filings Surge

Source: money.cnn.com
Kenneth EganDecember 4, 2007
looking ahead
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
Short term solutions creat long-term problems. This is only one of the issues. 2008 is going to be a real test for the USA economy.
December 3, 2007
Can Treasury Secretary Henry Paulson Convince the Mortgage Industry To Bailout Suprime Borrowers?
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
The downturn in the housing market has made banks reluctant to sink money into anything related to real estate and foreclosures are on the rise. U.S. banks and thrifts may have good reason to be concerned about lending as provisions for loan losses rose in 3Q07 and banks set aside $16.6 billion to cover loan losses, which is up from $9.2 billion in 3Q06. In addition, the amount of loans and leases...

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