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Subprime Lending Crisis: Millions of Families Face Losing Their Homes to Foreclosure

Subprime Lending Crisis: Millions of Families Face Losing Their Homes to Foreclosure

Subprime loans have led to one million American families losing their homes in the past decade, a new study by the Center for Responsible Lending has found. In the last ten years, the subprime loan industry has emerged as a major, and controversial, player in the housing market. We speak with an attorney at the Center for Responsible Lending. [includes rush transcript]

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