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Credit Performance of Non-Agency Mortgage Loans and Securities in June 2005 Impact of Hurricane Katrina
Despite the magnitude of the damage inflicted by Hurricane Katrina, we do not expect the credit performance of prime, Alt A, or subprime loans in the 10 MSAs to worsen in the remaining months of 2005....(Continue Reading)

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Recommended Default Loan Sba Site:
Small Business Administration
The lender and SBA share the risk that a borrower will not be able to repay the loan in full. The guaranty is a guaranty against payment default. …

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