Sunday, September 23, 2007

What is Sub Prime Market

Of late, I have been hearing two words very frequently during conversations with my friends. One is, ofcourse, Twenty20 cricket world cup and the other one is Sub Prime Market. Though I have had a short stint in a Home Morgage Project, I dont have much knowledge about a Sub Prime mortgage. So, I googled for it and here goes a very good document describing the market and its evolution comprehensively.
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