A Complete Subprime User's Guide, 2007 Edition: Caroline Baum
Story date: 2007-12-21 04:14:00
Added on: 2007-12-21 04:48:02
Bloomberg - When home prices stopped rising, then started falling, subprime borrowers couldn't refinance homes they couldn't afford to begin with. They defaulted on their loans. In the end, the various intermediaries between borrower (homeowner) and ...
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