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Home lender files for bankruptcy

Story date: 2007-08-17 05:18:00
Added on: 2007-08-19 04:35:04


Raleigh News & Observer - The market today has just basically shut down." As the market for mortgage debt suddenly shrinks, people trying to borrow for home purchases or refinance their existing homes are facing tougher terms and stricter standards -- and are much more likely ...


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