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Many minority mortgages 'high cost,' study says

Story date: 2007-10-05 05:58:00
Added on: 2007-10-08 08:59:47


Houston Chronicle - The analysis, which excludes refinances and second mortgages, uses the Federal Reserve's definition of high-cost loans: mortgages whose rates are at least 3 percentage points above comparable Treasury securities, a category that includes most ...


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