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Foreclosure Forum |
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Next FC wave may come sooner than we expected.If this group is right, the Option-Arm wave is going to hit sooner. We could have an unprecedented volume of foreclosures hit at any time within the next 6 to 18 months. (Will be interesting to see how the government and the lenders deal with this threat of being plunged back down into recession/depression.) In a few years will be the lowest prices ever for picking up income properties for portfolios. http://dailyreckoning.com/the-second-wave-of-mortgage-defaults/
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