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SubPrime Mortgage Blues

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If your credit isn't the best, you might be familiar with sub-prime loans: they're the kind with a high rate for people with low credit...

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: MoneyTalksNews

Length: 01:33
Rating: 4.4
Views: 31480

Tags: mortgage  finance  money  prime  loan  

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Video Comments

sha370z (November 30, 1999 at 12:00 am)
one guy with 20 home loans in five states
spectrum0590 (November 30, 1999 at 12:00 am)
More property in foreclosure shows how bad economic crisis the country are facing.
belfastlad44 (November 30, 1999 at 12:00 am)
@mongobobo
2fuck2shit2 (November 30, 1999 at 12:00 am)
What is the Key disfavors by Having Your Mortgage realmortgagepaid.blogspot. com
jandean61 (November 30, 1999 at 12:00 am)
no, that's not true. I was a 24 yr old Mortgage Broker in Central FL just doing my job. When a AccT Ex would come to sale us a new program my understanding was that this was under great supervision. Boy was I wrong.
VidsbyEM (November 30, 1999 at 12:00 am)
It's true eveyone involved knew this bubble would burst. They ALL had a part in creating this so we would have a recession today. Get your facts and fight lenders legally!!
greedisrootofevil (November 30, 1999 at 12:00 am)
Relan Real Estate and Mortgage will get their pay back for steering customers into sub prime loans and for fraud.
bhite41 (November 30, 1999 at 12:00 am)
Bin Laden and the terrorists are responsible for this mortgage mess, according to Bush, not the good people of Wall Street
BBmyQ (November 30, 1999 at 12:00 am)
more false BS--actually ACORN along with congress forced lenders to give credit to people with poor credit--and banks got greedy and did what they asked. That coupled with poor financial awareness of the borrower not reading thier loan documents caused the problem..
flagship21 (November 30, 1999 at 12:00 am)
look where we are today, facing the greatest financial crisis since the ameican revolution


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