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2008-11-20businessweek.com

Some of the same people who propelled us toward the housing market calamity are now seeking to profit by exploiting billions in federally insured mortgages. Washington, meanwhile, has vastly expanded the availability of such taxpayer-backed loans as part of the emergency campaign to rescue the country's swooning economy.

You'll see a lot of familiar names here, including LendAmerica, First Magnus, and Nationstar. And there are others - too many others.


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