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Foreclosures to Rise As 'Liar Loans' Sour


The housing market - already awash in subprime foreclosures - is now getting hit with a second wave as homeowners with "liar loans" default in record numbers. (Aug. 18)

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: AssociatedPress

Length: 01:35
Rating: 4.60
Views: 1937

Tags: 'liar  foreclosures  loans  loans'  rise  risky  sour  

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idrobinhood (November 30, 1999 at 12:00 am)
Federal reserve, cfr, congress, senate, president, bankers, election year, political donors. Don't be fooled the rich will make plenty off from the fire sale, that donate to your elected officials. The hearing nothing but a smoke, clock, and mirrors of what they will only really will.. Remember the WMD's of Iraq. We are all SOL..
elektrikcity (November 30, 1999 at 12:00 am)
Ppl who lie on their app should've been prosecuted, along with the loan officers and bank thugs who care about commissions and raises. Since both Fredd-n-Fann are now seized by the government, we will pay the brunt of the debt with our hard earned taxes $
happybluebanana (November 30, 1999 at 12:00 am)
pie
1keke66 (November 30, 1999 at 12:00 am)
wtf
GeminiAzules (November 30, 1999 at 12:00 am)
Don't buy something if you cant afford it.