Monday, June 30, 2008

Is Any Company Safe from Subprime Related Lawsuits?

...He cites as examples appraisers, "fee hungry" mortgage brokers, and real estate agents who participated in putting home buyers into subprime mortgages they could not afford. There may also be, as Lenckus puts it, an unknown number of "widget manufacturers" which bought various mortgage- backed financial instruments as investments that ...

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