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mtg apps for new purchases fall again

Seems the fall off after the tax credit ended April 30th has yet to fully run its course: US Mortgage Applications Soar on Refinance Demand

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July 7, 2010

UBS to sell stakes after $10 billion in subprime losses

Another example of a chunk of the losses being contained on Wall Street, and not leaking to Main Street this will now have zero effect

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December 10, 2007
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