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Home » Store » News » Economy Hurting Subprime Loans, FDIC Analysis Says

Economy Hurting Subprime Loans, FDIC Analysis Says

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The lingering economic downturn and weak underwriting policies appear to be hitting subprime loans hard. At least that’s the take of the Federal Deposit Insurance Corp., which earlier this month cautioned its banks to be wary about taking on too many risky loans.
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