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Subprime Foreclosure Threat

Wednesday, 20 Dec 2006 | 2:00 PM ET

Two million Americans who took out subprime loans from 1998 to 2006 could lose their homes. Michael Youngblood, FBR Managing Director of Asset-Backed Securities Research; Ellen Schloemer, Ctr. for Responsible Lending Director of Research; and CNBC's Erin Burnett discuss the subprime foreclosure threat.