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Overnight Open Thread

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sattv4u22/20/2009 7:42:16 am PST

re: #823 lawhawk

Besides, only 7% of the nation is facing a distressed mortgage or is in foreclosure. The rest of us are making our payments on time, own their homes outright, or are renting.

Actually, it’s only 7% of homes that have mortgages are distressed or in some stage of foreclosure. the numbers have nothing to do with those that own outright or those that rent