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Progreso repackages high-risk loans – Reuters

loans - Google News Jul 11th, 2014 Loans.



Progreso repackages high-risk loans
Reuters
NEW YORK, July 11 (IFR) - Tiny California-based Progreso Financiero surprised many in the ABS market in June by selling its second securitization based on loans that have a relatively high risk of not being repaid. The niche lender, which targets ...

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