Mortgage defaults close in on Bucks
Story date: 2007-10-18 05:57:00
Added on: 2007-10-20 17:25:32
Bucks County Courier Times - Loans once reserved for a small fraction of homebuyers were expanded to people who couldn't meet the income or down-payment requirements for a traditional mortgage. These subprime loans included: interest only; adjustable rates; balloon payments; the ...
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