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» Did a Tough Anti-Predatory Lending Law Drive Subprime Lenders Away from North Carolina? Definitely Maybe
Did a Tough Anti-Predatory Lending Law Drive Subprime Lenders Away from North Carolina? Definitely Maybe
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The origination of subprime mortgage loans in North Carolina dropped significantly right around the time the state’s new law on predatory lending went into effect, according to a new analysis by Inside Mortgage Finance.