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Federal officials heap much of the blame for the subprime mortgage mess on lenders, claiming they recklessly made too many high-cost home loans to borrowers who couldn't afford them.
It turns out that the U.S. government itself was one of the lenders giving out high-interest, subprime mortgages, some of them predatory, according to government documents filed in federal court.
- Mike Rivero
Member Submitted News
'I feel robbed of my life': Thousands of patients seek up to $1million payouts after faulty hip replacement joints leak toxic chemicals, leaving them in agonyDeMohrenschildt...
Scientists: #Fukushima radiation threatening survival of baby seabirds — “Immediate and worrisome” impacts on marine wildlife discussed — Biomagnification of radioactive material in food chain to cause further damageSasaki
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