(Reuters) - WASHINGTON, July 18 - Troubles in mortgageland
may get worse before they get better, especially for the
so-called "subprime" borrowers whose spotty credit histories
put them into more costly loans.
"It's an amorphous blob of trouble," says Keith Gumbinger
of HSH Associates, a mortgage research firm. "And there's more
pain to come."
Read more at Reuters.com Bonds News
may get worse before they get better, especially for the
so-called "subprime" borrowers whose spotty credit histories
put them into more costly loans.
"It's an amorphous blob of trouble," says Keith Gumbinger
of HSH Associates, a mortgage research firm. "And there's more
pain to come."
Read more at Reuters.com Bonds News
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