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Seattle Bubble Forum Archive • View topic - 33% Home loans Fail in August, 50% refi's Fail

33% Home loans Fail in August, 50% refi's Fail

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33% Home loans Fail in August, 50% refi's Fail

Postby aldreth » Wed Sep 05, 2007 8:44 pm

aldreth
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Postby carlislematthew » Fri Sep 07, 2007 4:50 pm

You might want to modify your subject line as it's misleading, if not plain false.

33% of brokered loans failed. The article says that a third of all loans are brokered. Therefore, the correct subject line (based on this article's information) would be "33% of brokered loans fail" or "at least 11% of all home loans failed".

I'm not saying things aren't going to hell, just that I think we should be careful with the stats...
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