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Housing downturn may spread

 
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Ishma
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Joined: 11 May 2006
Posts: 4223
PostPosted: Sat Sep 27, 2008 9:01 am    Post subject: Housing downturn may spread Reply with quote
But our mortgage market won't implode as it has in the United States. We have a smaller subprime mortgage market, prudent lending and more funding of mortgages by retail deposits on lenders' balance sheets .

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