Everyone connected with subprime lending during the past four years knows that the subprime mortgage business is in trouble. Foreclosures are hitting record highs in many housing markets. Several major mortgage companies are going under as their sources of funding dry up. Predatory Mortgage Loans The main cause of this collapse is the [...]
Credit Card Debt Fuels Subprime Mortgage Collapse
July 30th, 2007 · No Comments
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