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Subprime Borrowers Still Have Mortgage Options
The Mortgage Professor: Subprime loans back, and they're U.S.-insured
May 30, 2013
By JACK GUTTENTAG The Mortgage Professor - McClatchy-Tribune Information Services
Think subprime mortgages have gone away? Think again. We have a subprime market lurking within the Federal Housing Administration, with features that are eerily similar to those of the private market that went into hyper-drive in the 2000s and collapsed in 2007.
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