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Subprime Lending

New York Tackles Reckless Subprime Lending…Will California Be Next?

by Moe Bedard

Recent headlines have been gloomy: housing prices continue to sink, Wall Street executives knowingly pushed bad subprime investments, and mortgages keep failing in droves.  As Congress debates how to put the economy back on track, the good news is that the states are moving ahead to prevent another subprime crisis in the future and strengthen [...]

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