As Defaults Rise, Washington Worries

Story date: 2007-10-16 10:35:00
Added on: 2007-10-16 15:00:18

New York Times - Youngblood, a portfolio manager and analyst at Friedman, Billings, Ramsey, said that most mortgage companies and banks had not tightened lending standards for borrowers with weak, or subprime, credit until July or August, even though early this year ...


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