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Posts Tagged “Sub Prime Mortgage Lending”

webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
CHICAGO - AMERICA’S financial crisis disproportionately cut access to conventional mortgage loans for minority communities compared to predominantly white neighbourhoods, according to a study released on Thursday. Reckless sub-prime mortgage lending during the recent economic boom sparked the worst housing crisis and downturn since the 1930s, wiping out trillions of dollars of home equity and …

Read the rest of this great post here

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