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4th Quarter 2011 Mortgage Picture Improves Gradually

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The quarterly report of the Office of the Comptroller of the Currency reports regularly on first-lien residential mortgages representing about 60% of the mortgage market. In the 4th quarter 2011 shows only marginal improvement from the previous quarter. The percentage of improving loans rose .1 percent to 87.9 percent of all first-lien mortgages. However, loan performance has improved .4 perce...

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