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    How Subprime Lending Shot Their Own Foot

    <p>In 5/06 Mr. and Mrs. Z get a loan from Homefield Financial for $731k at a rate of 8.95%. For those who don't know the mortgage biz Mark Mahfoud is one of the original people who started New Century. There was an article in the OC Register interviewing him with a picture of him next to the...
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