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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Guess Who Has Few Defaults in Their Subprime Portfolio? | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="huYioyZ0zA"&gt;&lt;a href="https://www.nakedcapitalism.com/2007/06/guess-who-has-few-defaults-in-their.html"&gt;Guess Who Has Few Defaults in Their Subprime Portfolio?&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2007/06/guess-who-has-few-defaults-in-their.html/embed#?secret=huYioyZ0zA" width="600" height="338" title="&#x201C;Guess Who Has Few Defaults in Their Subprime Portfolio?&#x201D; &#x2014; naked capitalism" data-secret="huYioyZ0zA" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>An article, &#x201C;Better Deeds,&#x201D; by Doug Smith at Slate tells us that, contrary to popular opinion, one group of subprime mortgage lenders has done well with the product and is experiencing default rates comparable to that of prime mortgages. And no, they aren&#x2019;t seeing rising arrearages either (generally speaking, mortgage defaults and foreclosures track the [&hellip;]</description></oembed>

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