The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: SeaViewer who wrote (23102)	12/8/2004 4:27:11 PM
From: ild	Read Replies (1) of 110194

Margins in sub-prime lending are down a lot this year. CFC is also very aggressive. Overcapacity in mortgage origination is tremendous especially counting that underwriting now is performed by the computers.

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