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Myrtle Beach area loans lumped into spiraling mortgage-backed securities

August 15th, 2010

Myrtle Beach area loans lumped into spiraling mortgage-backed securities
It took fewer than six months for the loan on a condominium unit at River Oaks Golf Villas to make its way from Myrtle Beach to Wall Street, but the fallout from that ill-fated mortgage and millions more like it nationwide likely will be felt for years.

Read more on The Myrtle Beach Sun News

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