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March 5, 2014

Mortgage Delinquency Rates Edged Lower in Late 2013, Best Reading Since 3Q08

By John Bancroft

Subprime delinquencies are increasing, but it's unclear whether the trend will last or whether it's just a blip on the radar screen.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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