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Armand Glans's Articles in Mortgages & Loans
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FED’s reaction to the sub prime mortgage situation
It didn’t take long until FED acted and that will in the short term take away some of the stress the market feel regarding the mortgage situation. FED cut the level of interest with 50 points for banks and other players in the financial market. At this stage the market fear that the companies will have there investments costs rapidly increasing cause the revaluation of risks and the last couple of years historically very low spreads on lending.
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