Stocks neared a quiet end to a volatile month, edging higher thanks to improved readings of gross domestic product and purchasing managers’ activity. As the end of trading for February neared, the Dow Jones Industrial Average was recently up 22 points, or 0.2%, at 10342.80, on pace to finish the month with a 2.7% gain.

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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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