- Ontheotherarelong-termborrowers.Butborrowersarepullingbacktoo.WHENtheAmericanhousingmarketturned,subprimeborrowersstarteddefaulting.Subprimeborrowersarepeoplewithoutstrongcredithistories.Amongallmortgageborrowers,6%arebehindontheirpayments;amongsubpr...
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- ICBC,thelargestborrower'sbankinchina,launchedadiscussionovermakingapriceofitsinitialpublicofferingyesterday.Thecapitaltheyprovideissimilartoacashadvance,withafixedamountorpercentofsalesdeductioneachdayfromtheborrower'sbankaccount....
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