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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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August 30, 2001

Sub-prime lenders fill a role

By TOM KELLY
The Real Estate Advisor

Not all borrowers in the home-loan game fit the mold.

These are folks, many of them first-time homebuyers, who could care less if Alan Greenspan lowers short-term interest rates. In a world dominated by “conforming’ lenders, these consumers are out of the box, often living on the edge.


 
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