prime mortgages

Credit

Mortgage Fiasco Credit Crunch Spreads To Best Borrowers

by Charles Feldman | February 6, 2008

Once upon a time, having sterling [tag]credit[/tag] meant that banks and other lenders valued your business. No more. The [tag]subprime mortgage[/tag] mess is now impacting even those who spent years building up their credit record, because banks are running scared. A just released Federal Reserve study shows that: “About 55 percent of domestic respondents indicated [...]

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