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Lack of escrow fund and sub-prime lending risk
Dipan | Sep 8 2008
Sub-prime mortgage market is basically all about lending to persons with limited borrowing history or having not-so-good quality asset. Here, as borrowers cannot submit better asset for mortgage or they do not have good steady income or they do not...
Tags: Sub-prime lending, Mortgage, Escrow account, escrow fund, congress probe, Business, Related : cash advance

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