Default Dynamics: What's Driving The Distressed Mortgage Inventory In The U.S.?

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Default Dynamics: What's Driving The Distressed Mortgage Inventory In The U.S.?

Standard & Poor's Ratings Services reported in August 2011 that its estimate of the months it will take to clear the “shadow inventory” of distressed houses in the U.S. had fallen for the first time since mid-2009.

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