As evidence of their unique financial behaviors and the challenge it poses to portfolio risk analysts, a study by Experian reveals that nonprime borrowers are paying off their unsecured debt instead of their mortgage obligations.
Check out coverage at the Banknet 360 blog.
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Sunday, April 15, 2007
Nonprime Borrowers Place Card Debt Before Mortgages
Posted by Trent Sorbe at 10:48 PM
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