| http://www.w3.org/ns/prov#value | - Foreclosure dissipates much of the value of the property: Indeed, recent losses on defaulted subprime mortgages have averaged around 50 to 60 percent of the loan balance.7 Besides the general decline in property values and foregone payments, fees related to foreclosure, such as court costs, maintenance expenses, and others, can amount to 10 to 15 percent of the loan balance; furthermore, the disco
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