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Subprime mortgage horse is out of the barn

Story date: 2007-10-06 11:55:00
Added on: 2007-10-07 00:59:38

Greensboro News & Record - ... 50,000 double-wide, or better yet, let's call it a "modular home." Stick it on a parched, rocky lot worth maybe $20,000. Get the whole thing appraised for $140,000 and find a mortgage ... Va., which bills itself as a "modular housing construction lender ...


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