Looks like banks have realised they are better off accepting a 20% cut in their earnings from a mortgage not in default than getting handed a set of keys to a house worth half of the mortgage owed.
The US market has shown a healthy stability for the past couple of weeks. This is great for our market and hopefully leads to companies being rated more on fundamentals than fear.
futures point to firm wall st, page-4
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Last
26,683 |
Change
82.730(0.31%) |
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