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[http://www.housingwire.com/2009/10/09/wells-sees-60-70-loss-severity-in-option-arms/] - - public:time
crisis, eta, finance, mortgages, subprime - 5 | id:3529 -

In light of the projections, Wells Fargo revised its loss estimates on various credit sectors. Wells Fargo researchers expect cumulative losses on prime ARMs to range from 2% among ‘04 vintages to 6% among ‘07 vintages. Cumulative losses should range between 6% and 11% among Alt-A/B ARMs and between 11% and 36% among subprime ARMs.

[http://www.mybudget360.com/monthly-foreclosures-and-the-dreaded-road-ahead-on-path-to-another-3000000-foreclosures-for-2009-1-out-of-every-173-homes-received-a-foreclosure-filing-in-california-8800-foreclosure-filings/] - - public:time
california, economy, eta, foreclosures, mortgages - 5 | id:3810 -

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