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'Liars' to prolong crisis

 
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Akkub
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Joined: 23 May 2006
Posts: 8266
PostPosted: Tue Aug 19, 2008 10:09 am    Post subject: 'Liars' to prolong crisis Reply with quote
In the U.S. mortgage industry, they are called "liar loans" -- mortgages approved without requiring proof of the borrower's income or assets.

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