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December 28, 2009

A bit on how easy mortgages got to be that way

Read this summary of a Cleveland Plain Dealer report. (Newsbusters, 12/14.) One choice bit:

One woman, according to a letter in her file, was homeless and living in a car with her children when she got $10,000 from the city. Another couple received food stamps and were jobless when they got an Afford-A-Home loan.

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