Taxpayers on hook for home mortgages
U.S. role in market major as risks loom
Posted: September 8, 2009 at 5:03 a.m.
In the go-go years of the U.S. housing boom, virtually anybody could get a few hundred thousand dollars to buy a home, and private lenders flooded the market, aggressively pursuing borrowers no matter their means or financial history.
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Front Section, Pages 1, 2 on 09/08/2009
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