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Money Matters: New Maine law targets predatory lenders

Story date: 2007-10-24 02:48:00
Added on: 2007-10-24 09:00:29


Portsmouth Herald - A number of mortgage lenders took advantage of the frenzy by designing creative financing strategies and loosening their underwriting standards. Interest-only loans became commonplace, but borrowers were generally unconcerned about the fact that they ...


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