End of easy credit points to fundamental shift for property market
Story date: 2007-10-15 12:10:00
Added on: 2007-10-15 20:00:22
International Herald Tribune - But now much securitized mortgage debt from the United States is suspected of being worthless because of rising defaults by subprime borrowers - those with shaky credit histories - and by those whose adjustable mortgage rates just shot up. That is ...
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