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Another subprime hot dog

posted 208 weeks ago on Mortgage Insider

Newsweek has the story of Cleveland neighborhood devastated by questionable subprime practices. It tells of hot-dog stand owner Mark Kellogg, whose other business was brokering mortgages, including loans from some once-prominent Orange County-based lenders. Here's a clip: According to county records obtained by NEWSWEEK, Kellogg was the broker of record for the purchase of 71 houses in Slavic [...]
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