It's 2008 again: Cracks Appear As Subprime Borrowers Miss Loan Payments Amid Recession Threats

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It's 2008 again: Cracks Appear As Subprime Borrowers Miss Loan Payments Amid Recession Threats (archive.ph)

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[–] • 1 pt

It's interesting that lots of those buyers would be about half way through a 30year mortgage. This is almost like "contract-for-deed" usury.

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