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1.85 Million homes still in US' "Shadow Inventory" = prolonged housing slump?
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04-03-2011, 09:32 PM
L-Pink
working on my tan
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Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
Quote:
Originally Posted by
MetaMan
My question is how was it legal for banks to write so many sub prime loans? the housing market will not rebound. not in 3 years, not in 10 years.
Plus these loans were bundled and sold as high yield investments!
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