Thursday, February 22, 2007

Real Estate Journal - "Mortgage Hot Potatoes: Banks Try to Unload High-Risk Loans" (2-16-07)

"As more Americans fall behind on mortgage payments, Merrill Lynch & Co., J.P. Morgan Chase & Co., HSBC Holdings PLC and others are trying to force mortgage originators to buy back the same high-risk, high-return loans that the big banks eagerly bought in 2005 and 2006."

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