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'Liar loans' add to mortgage crisis

 
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Keturah
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Joined: 17 May 2006
Posts: 2745
PostPosted: Wed Aug 20, 2008 11:19 am    Post subject: 'Liar loans' add to mortgage crisis Reply with quote
In the mortgage industry, they are called "liar loans" - - mortgages approved without requiring proof of the borrower's income or assets.

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