Traders expect more trouble for subprime-mortgage lenders
Traders expect more trouble for subprime-mortgage lendersDefaults on subprime mortgages continue to take their toll on lenders. Shares of Accredited Home Lenders Holding Co. and New Century Financial Corp. have taken a dive this past month, and both companies failed to make the deadline for filing their annual reports.
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subprime, mortgage, loans, mortgage backed securirites
Labels: loans, mortgage, mortgage backed securirites, subprime
posted by Victor Lloyd Smith @ 12:11 PM
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