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Old 10-12-2008, 01:56 AM  
L-Pink
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Join Date: Mar 2005
Location: Florida/Kentucky
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Quote:
Originally Posted by slavdogg View Post
There is another reason for banks issuing so many subprime loans. You might remember how in mid to late 90s there was a bunch of law suits targeting banks to force em to give out more and more loans to low income families. Law firms were calling it discrimination that low income families, maybe of them being minorities were unable to get a home loan.
And many loans were at higher rates.
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