A mortgage is considered "subprime" when the buyer's income is too low to qualify for a conventional loan.
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Q3: The Home Owners' Loan Corporation, first developed
Q4: Kuttner argues that there are better ways
Q5: In the early 2000's, as many as
Q6: "Subprime" mortgage refers to_
A) below what is
Q7: Which state had the highest foreclosure rate
Q8: Unlike banks and savings and loan association,
Q9: Which of the following best characterizes the
Q10: The value of subprime loans steadily decreased
Q11: Explain how mortgage companies are able to
Q13: In an effort to prevent foreclosures in
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