NetBank Joins Parade of Lenders Abandoning Troubled Subprime Mortgage Market in 2006
November 9, 2006
It’s starting to look like a land rush in reverse in the subprime market, where a growing number of firms are looking for ways out of a business that has seen dramatic margin compression and declining production volume. NetBank this week announced that it is...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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