Thousands line up for zero-down-payment, subprime mortgages

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  • Thousands line up for zero-down-payment, subprime mortgages
    Thousands line up for zero-down-payment, subprime mortgages

    Magdalene Altidor lost her home to foreclosure during the subprime mortgage crisis, but this week she was first in line at a four-day event in Miami where borrowers with poor credit were offered no-down payment, low interest rate loans. "I left home, it was about 4 a.m.," she laughed. […]