Moore: Business Principles Should Prevent Mortgage Crisis
Story date: 2007-10-16 03:43:00
Added on: 2007-10-16 17:00:20
WRAL - Sub-prime lenders focus on customers with poor credit histories, and many of the mortgages contained low initial interest rates that eventually adjusted to rates that buyers couldn't afford, forcing them to default on the loans. Moore's "Mortgage ...
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