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Mortgage Meltdown

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gollum
 
Reply Sun 7 Dec, 2008 07:58 pm
When figures are published representing the cost of the mortgage meltdown, how are they computed?

If a mortgagee loses $1 (or more) on a mortgage, doesn't the mortgagor gain $1 (or more)? From a societal perspective might the loss and the gain cancel out?
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