The Subprime Mortgage Bust Goes Global
Story date: 2007-10-19 05:38:00
Added on: 2007-10-19 15:00:20
American Enterprise Institute - More than 80 subprime lenders have gone out of business since December last year, and other major lenders are cutting back drastically on subprime lending (a little late), raising credit standards generally, and raising jumbo mortgage rates. All of ...
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