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linnea arrington

sub prime loans san diego funding

May 16, 2018

Subprime Loans. They’re Back…But This Time, It’s Different

When the economy crashed just over ten years ago, many pointed the blame at subprime mortgages. These loans, approved for buyers with bad credit and no income verification along with an interest rate and payment that increased by one percent every six months, grew from 5 percent total originations

General News linnea arrington,  mortgage,  mortgage lending,  subprime

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