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Mortgage Lenders: Close to the Edge?

Discussion in 'General Discussions and Lounge' started by temi, Aug 16, 2007.

  1. temi

    temi Facilitator Webmaster

    n anxious stock market, always looking for the next subprime-related blowup, has been giving the mortgage industry whiplash. Thornburg Mortgage (TMA), for instance, fell 47% on Tuesday and then was back up 39% the next day.
    There's no doubt things are looking terrible in the mortgage industry. But there's a lively debate about how terrible. Analysts, investors and executives disagree on which mortgage company is the next to trip and fall into bankruptcy.

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