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Home » How Purchase-Money Mortgages Came to be Less Desirable Than Refis in the Subprime Market
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How Purchase-Money Mortgages Came to be Less Desirable Than Refis in the Subprime Market

March 9, 2007
Subprime mortgages for the purchase of a house used to be considered a safer bet for investors than cash-out refinance transactions, but that perception has changed 180 degrees in recent years, according to a new analysis by DBRS. Purchase-money loans used...
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