While Predicting Repo Upswing, Webb Points to Factors Bolstering Recovery Bottom Lines

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“Those forces combined to produce a record number of repossessions in 2009 and then a steep decline in both 2010 and 2011,” Webb surmised. “The peak-to-trough swing was from an estimated 1.9 million units in 2009 to 1.3 million in 2011, or a decline of 32 percent.”

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