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In real estate mortgage loans, what does "sub-prime" mean, (by strict, dictionary definition,) and more importantly, what does it mean, (its implications and connotations)?
Asked by u101547 (203)
November 7th, 2007
How did so many people in America get sub-prime financing for their home mortgages if it was wrong, and if it wasn’t wrong why is our nation’s economy being hurt so bably by these sub-prime mortgages?
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