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Cracks appear in Alt-A...
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The Gaijin
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Join Date: Feb 2007
Location: New York, NY USA
Posts: 4,269
"Delinquency rates are rising for so-called "Alt-A" home mortgages held by U.S. borrowers..."
Orwell would laugh. How did the letter "A" creap into this rating system???
06-29-2007, 05:52 AM
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