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September 11, 2009 | | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Mortgage Market Bound by Major U.S. Role

In the go-go years of the U.S. housing boom, virtually anybody could get a few hundred thousand dollars to buy a home, and private lenders flooded the market, aggressively pursuing borrowers no matter their means or financial history.

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