Month: September 2007
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[Korean Daily] Sub-Prime Mortgage Crisis Hits the Korean Community
The wave of the sub-prime mortgage crisis is being spread throughout the Korean community. According to real estate industry statistics, the Residential Jumbo Loan Mortgage, which applies to loans over $417,000 per household, soared 1% to 1.5% within the past several weeks. Therefore, those who entered into contracts for Residential Jumbo Loan mortgages have been…
