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In US home loans, ‘subprime’ fades as a dirty word


Six years ago, a deluge of mortgage lending sparked a credit crisis that led to the worst financial meltdown since the Depression. The lending freeze that followed has proved to be bad not just for consumers but for the economy too. So economists and academics are suggesting that it might be time for the subprime-lending industry to be revived. – Compiled from articles in The New York Times

Compiled from articles in The New York Times

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