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Archive for novembre, 2007

As Defaults Rise, Washington Worries

Vendredi, novembre 9th, 2007

By VIKAS BAJAJ Published: October 16, 2007 During the summer’s credit crisis, investors concluded that the default rates on subprime mortgages made last year would probably prove to be the highest in the industry’s history. But there now appears to be another contender for that dubious honor: loans made in the first half ...

Homeowners Feel the Pinch of Lost Equity

Vendredi, novembre 9th, 2007

RENO, Nev., Nov. 5 — As his wedding day approached last spring, Marshall Whittey found that his money could not keep pace with the grandiosity of his plans. But rather than scale back, he chose instead, like millions of homeowners across the country, to borrow against the soaring value of ...