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Bankruptcy : And Still More On The Subprime Fiasco

Blogger : Mortgage News Daily - Mortgage and Real Estate News
All posts : All posts by Mortgage News Daily - Mortgage and Real Estate News
Category : Bankruptcy
Blogged date : 2007 Apr 03

As a subplot to the entire mortgage drama, two feuds recently emerged or more accurately re-emerged among some major mortgage players.

...The Nation has weighed in on another aspect of the subprime mess. In its April 9 edition it has run a "comment" entitled "The Loan Shark Lobby" in which it details some interesting financial connections between New Century Financial Corporation which just declared bankruptcy and members of Congress.

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