Sunday, February 25, 2007

Recordnet.com - "The good and bad of sub-prime mortgages" (2-18-07)

"The coming layoffs of about 100 Stockton-based workers at Washington Mutual should surprise nobody. A good number of those people work in WaMu's sub-prime lending arm, Long Beach Mortgage, one of the nation's biggest sub-prime mortgage lenders."

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