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Subprime Auto Loans Were Up 18% In 2012 - Say Anything
Yesterday we got news that the Obama administration is pushing banks to make subprime home loans again. Today comes word that in 2012, subprime auto loans were up 18%: The Fed’s program, while aimed at bolstering the U.S. housing and labor markets, has also steered billions of dollars into riskier, more speculative corners of the...