Saturday, August 18, 2007

Where's The 'Equity Cushion' When You Need It? (Seeking Alpha via Yahoo! Finance)

Tim Iacono submits: Reading through a few paragraphs toward the end of today's front page WSJ story on the plight of subprime homeowners Mario and Leticia Montes stirred memories of the "equity cushion" talk emanating from the Federal Reserve a year or two ago.

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[Source: Yahoo! News Search Results for home equity loan]

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