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The Subprime Wolves Are Back

Number 23928
Subject Fraud
Source Business Week
State NY
Year 2008
Publication Date 12/01/2008
Summary Consumer advocates revealed in interviews that some mortgage lenders and brokers have reinvented themselves as FHA-backed lenders to feed off of the consumer panic following the national financial bailout.
Category Contest Entry
Pages 12
Keywords fraud; Wall Street; paper trail; bankruptcy filing; Federal Housing Administration; stimulus package;
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