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'Liar Loans' Spark New Wave of Defaults

 
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Dabareh
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Joined: 12 May 2006
Posts: 9355

PostPosted: Tue Aug 19, 2008 10:59 am    Post subject: 'Liar Loans' Spark New Wave of Defaults Reply with quote

Losses on ill-advised mortgages could reach $100 billion, on top of subprime losses.

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