World-News: U.S. Subprime Defaults to Rise, Credit Suisse Says

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U.S. Subprime Defaults to Rise, Credit Suisse Says

Delinquencies and defaults on U.S. subprime mortgages will keep rising as borrowers who received their loans amid weak underwriting standards miss payments, said Robert Parker, vice chairman of Credit Suisse Asset Management.

http://tinyurl.com/2vc35l

From Information Clearing House

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rudkla - 6. Jul, 06:18

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