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US subprime lenders targeted blacks, poor: report

Story date: 2008-01-16 04:57:00
Added on: 2008-01-16 18:44:19


China Economic Net - US mortgage lenders targeted minorities and people with low incomes in recent years as the "best candidates" for subprime home loans, with devastating economic consequences, a report claimed Tuesday. A "For Sale" sign hangs in front of a townhouse in ...


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