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Ninja mortgages
 
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Razorback75
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Joined: Wed Dec 14th, 2005
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Posts: 654
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 Posted: Mon Oct 6th, 2008 02:38 pm
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 I heard a new term regarding the current economic crisis -- the problem is based on giving Ninja Mortgages -- that is giving mortgages to anyone with a pulse, as in No Income, No Jobs or Assets. 


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