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Nonprime time

Subprime mortgages were home loans made to borrowers with weak credit and high debt. The default of many of those risky mortgages was a major cause of the financial crisis. Ten years later, they’re back, as “nonprime” loans. We ask Redfin Chief Economist Nela Richardson if the risk has returned.
01:40
Fri, Apr 27 20184:00 AM EDT