A recent item on a study by First American Real Estate Solutions should have indicated that the projected $110 billion in losses stemming from mortgage payment resets over several years referred to foreclosure losses, and that this would likely represent less than 1% of total U.S. mortgage lending over the same period (not less than 1% of annual U.S. mortgage lending, as incorrectly reported).

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Authoritative analysis and perspective for every segment of the mortgage industry