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  • Will You Add? - Sub-Prime Lending Disaster Cometh

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    o had marginal or less than marginal credit. Loans were ma
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    In the late 1980s and early 1990s we had the junk bonds and the S & L Scandals and now we have a crisis in the sub-prime lending banking sub-sector. During the height of the real-estate bubble too many loans were being made to folks who had marginal or less than marginal credit. Loans were mad
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    d the S & L Scandals and now we have a crisis in the sub-prime lending banking sub-sector. During the height of the real-estate bubble too many loans were being made to folks who had marginal or less than marginal credit. Loans were ma
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    ime lending banking sub-sector. During the height of the real-estate bubble too many loans were being made to folks who had marginal or less than marginal credit. Loans were ma
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    al-estate bubble too many loans were being made to folks who had marginal or less than marginal credit. Loans were ma
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    o had marginal or less than marginal credit. Loans were made well above the actual equity value. Now the equity in many folk's homes has dropped by 20% or more, where does that leave the lenders?

    Well, it leaves the borrowers upside down in equity and for new home buyers it means more in

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