Monday, August 6, 2007

What can we learn from the US Sub Prime Mortgage Collapse?

Recent problems in the American sub prime mortgage industry are well documented. It is causing a record number of home repossessions and is illustrating the inadequacy of proper checks in this section of the market. What can we learn from the problems in the sub prime market?1. Never trust a mortgage salesman.What is clear from [...]

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[Source: Mortgage Blog]

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