Relevant:
- Subprime-Loan Risk Reaches Record, Derivatives Show
- Subprime-Mortgage Defaults Rose Last Month, ABX Data Suggests
- Commercial Property Losses Mount as Loan Servicers Triage Real Estate Debt
- "It is now time to downgrade the monoliners..."
- Homes in Foreclosure Average 611 Days of Late Mortgage Payments in U.S.
2007-07-12 — bloomberg.com
"The firms acted after 11 percent of the loan collateral for all subprime mortgage bonds had payments at least 90 days late, were in foreclosure or had the underlying property seized,.."
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