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Women Dominate Subprime Borrowing

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03-06-2007, 07:41 AM

Veronica Corningstone Veronica Corningstone is offline

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Women Dominate Subprime Borrowing

The Consumer Federation of America said it released the results of an analysis of 4.4 million mortgages. The study reportedly found that women earning more than double the area median income were twice as likely to receive subprime loans than men with similar earnings. The larger subprime share occurred in spite of women having higher credit scores, the report said.

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