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thnx lol It's not the full document but a summary news bite I found searching for it. RMBS = Residential Mortgage Backed Securities

"In Q3 2008, average RMBS non-conforming delinquencies greater than 90 days past due reached another new record high of 8.91 per cent in July. " http://www.mortgagebusiness.com.au/index.php?option=com_content&task=view&id=1420&Itemid=37

lol Bayview, i was thinking the same thing. This forum often becomes a frugality contest to the point where how much water is used shaving is discussed, but then we're expect to be "bailed" out by the common folk blowing any benefit they may receive because they ran out of money to spend, and...

And this activity does'nt seem to inspire much confidence. Only the overseas "liquidity" injections seem to make news. Dec. 3 (Bloomberg) The Reserve Bank of Australia pumped A$1.18 billion ($759 million) into the financial system today Dec. 2 (Bloomberg) The Reserve Bank of Australia pumped...