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Home : Home Mortgage Loan : Home Equity Line of Credit Loan : News Articles : Freddie, Ambac, Morgan: This is the Sound of Credit Crunch

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Freddie, Ambac, Morgan: This is the Sound of Credit Crunch

The New York-based investment bank will review home-equity lines of credit, or HELOCs, monthly from now on, the person said yesterday. Wall Street firms including Morgan Stanley are ratcheting back on risks after the collapse of the subprime mortgage ...

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