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1 posted on 12/01/2006 11:52:10 AM PST by Toddsterpatriot
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To: TKDietz
The company's mortgage lending unit, Option One, has struggled this year with rising interest rates and an increase in defaulting borrowers.

I guess in their case, defaults were a losing proposition.

2 posted on 12/01/2006 11:53:58 AM PST by Toddsterpatriot (If you agree with EPI, you're not a conservative!)
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