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Default crisis is evicting renters

Story date: 2007-10-21 01:11:00
Added on: 2007-10-21 02:00:23


Boston Globe - His new landlord is an investment pool called "Carrington Mortgage Loan Trust 2005-OPT2." It was created by Citigroup Inc. in May 2005 to hold $75 million in mortgages the bank had purchased from lenders. Bear Stearns & Co. sold shares in the trust to ...


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