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Home » Store » News » Lenders Shift Origination Strategies, Downsize and Pursue Alternate Financing to Weather the Storm

Lenders Shift Origination Strategies, Downsize and Pursue Alternate Financing to Weather the Storm

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HSBC Finance isn’t completely deserting the subprime market despite significant third quarter losses. HSBC Holdings reported this week that it would take a $3.4 billion charge against third-quarter profits because of losses at its U.S. mortgage business...
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