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  • The Causes of the Overnight Real Estate Lending Crash
    Recently the most talked about event in the real estate industry, the quick death of the sub-prime lending industry. Ok, that is somewhat exaggerated. The sub-prime market isn't dead, just much more strict than it has been in the past 5 years. Before today, as long as you had a job and weren't in jail you could get approved for a home loan. Suddenly, with much harder lending policies, many bad credit borrowers are discovering they are either unable to refinance their properties or unable to purchase a house at all.
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