Thursday, December 8, 2011

Distressed subprime loans tumble in Southeast, Federal Reserve report shows: The percentage of distressed first-lien subprime loans among residential borrowers in the states that make up the sixth district of the Federal Reserve fell in the third quarter from a year earlier, according to the Federal Reserve Bank of Atlanta.
The district consists of Alabama, Florida, Georgia, Louisiana, Mississippi and Tennessee.
The percentage of loans that were [...]

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