tag:blogger.com,1999:blog-5060417.post2688354477526513131..comments2023-11-05T06:18:25.377-06:00Comments on The Privatopia Papers: Mortgage defaults spread as even 'safe' borrowers falter - Sacramento News - Local and Breaking Sacramento News | Sacramento BeeEvan McKenziehttp://www.blogger.com/profile/04479661304143631524noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5060417.post-21258626600916943562009-07-12T11:38:43.625-05:002009-07-12T11:38:43.625-05:00This story illustrates how abusive and imprudent l...This story illustrates how abusive and imprudent lending practices in the subprime mortgage market can bring down the prime market. The credit crunch and related job losses caused by the former are now fueling the latter in a unvirtuous cycle.Fred Pilotnoreply@blogger.com