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FDIC: Provisions for Loan Losses Failing to Keep Pace with Delinquencies 

Nov 28, 2007By

The FDIC’s Quarterly Banking Survey for the third quarter, released today, covers quite a bit of ground on the mortgage markets; but perhaps the most telling is a section in the report that says loss coverage ratios are the thinnest they’ve been in nearly 15 years — in spite of nearly historic increases in loss provisions.

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