Foreclosure start rates on securitized, severely delinquent residential mortgage loans increased to over 10% a month and closer to historical averages, according to the latest RMBS Performance Metrics report from Fitch Ratings.
Source: http://nationalmortgage04.ipd-las-icarus.iproduction.com/dailybriefing/2010_470/foreclosure-starts-increased-1027360-1.html?CMP=OTC-RSS
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