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Hardworking arrow News arrow Business arrow Business arrow Subprime lenders made record exceptions: analysts (Reuters)
Subprime lenders made record exceptions: analysts (Reuters)
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An auction lawn sign points to a foreclosed property to be auctioned off in Detroit, Michigan March 18, 2007. Subprime mortgage lenders created a surge in delinquencies in the past year by repeatedly breaking their own underwriting guidelines to capture business, analysts said on Monday. (Rebecca Cook - UNITED STATES/Reuters)Reuters - Subprime mortgage lenders created a surge in delinquencies in the past year by repeatedly breaking their own underwriting guidelines to capture business, analysts said on Monday.



Read more at: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20070430/bs_nm/usa_subprime_exceptions_dc.
 
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