U.S. shuts Web S&L hurt by defaults

Story date: 2007-09-29 12:11:00
Added on: 2007-09-29 04:00:17

Baltimore Sun - U.S. shuts Web S&L hurt by defaults Bad loans help sink $2.5 billion NetBank ... was shut down by the government yesterday because of an excessive level of mortgage ... to soaring defaults of home loans made to borrowers with weak, or subprime, credit ...


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