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Author:Eggleston, Ann 

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Subprime outcomes: turmoil in the mortgage market

Until 2007, few Americans had probably heard the word ?subprime? - including many homeowners who would come to learn that their own mortgage was a subprime mortgage. Today, subprime mortgages are much discussed because they lie at the center of the turmoil that roiled credit markets in 2007 and 2008.
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