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	<title>Comments on: Getting Shirky on camera</title>
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		<title>By: Jo</title>
		<link>http://thewayoftheweb.net/2008/10/getting-shirky-on-camera/comment-page-1/#comment-2657</link>
		<dc:creator>Jo</dc:creator>
		<pubDate>Thu, 02 Oct 2008 06:36:56 +0000</pubDate>
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		<description>Interesting analysis.  My understanding is that the breakdown is largely due to two things

a) cheap teaser rates that shoot up later in ways not obvious when you sign up

b) the onselling of the mortgages in a way sometimes 30x over so no one is working with the borrower anymore.

I&#039;ve got the link to Harvard profs on my blog.  1:36hours but good.</description>
		<content:encoded><![CDATA[<p>Interesting analysis.  My understanding is that the breakdown is largely due to two things</p>
<p>a) cheap teaser rates that shoot up later in ways not obvious when you sign up</p>
<p>b) the onselling of the mortgages in a way sometimes 30x over so no one is working with the borrower anymore.</p>
<p>I&#8217;ve got the link to Harvard profs on my blog.  1:36hours but good.</p>
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