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Holdings (HBC) announced an earnings restatement last week, setting aside 20 percent more for loss provisions on sub-prime mortgage loans,. By Rick Brooks and Constance Mitchell Ford, The Wall Street Journal Online RISMEDIA, Oct. 16, America's mortgage markets began. But it will have little impact on many existing subprime lenders, because most have either gone out of business or stopped making subprime loans months ago.. On November 21, 2007, Governor Kal - Tire True Schwarzenegger announced an agreement with several loan servicers to streamline the loan modification process

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