As we peel the subprime onion back more and more companies are affected.  Consider Google and Yahoo who make a good deal of money off the expensive “mortgage” based clicks in the pay-per-click advertising network.  MSN has stepped up and said that a lot of the mortgage advertising campaigns have been deleted.  Net metrics firms have said that mortgage firms like Countrywide (NYSE: CFC) are the largest online advertisers of all.

Find more subprime information from Google

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This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter






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