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Home Equity Theft Reporter The Stitts claim the defendant also refused to credit payments on the account by either returning payments or placing the payments in suspense. Rather than provide the Stitts with any assistance, the defendant ultimately chose to pursue foreclosure, in violation of their mortgage contract, according to the suit.
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The precipitating factor for the Financial Crisis of 2007-2008 was a high default rate in the United States subprime home mortgage sector – the bursting of the "subprime bubble". While the causes of the bubble are disputed, some or all of the following factors must have contributed.
Pension funds remain the largest supporters of impact investing funds, accounting for 17 percent of the $79 billion of GIIN members’ total fund aum. retail investors and banks provided 16 percent and 14 percent respectively, followed by family offices or high-net-worth individuals at 11 percent.
The Home Equity Theft Reporter: Investments Tied To Subprime Junk May Leave Florida Pension Fund “Holding The Bag”
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