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Recent Timeshare Resort Deals News:
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Standard & Poor’s is giving a higher rating to securities backed by subprime home loans, the same type of investments that led to the worst financial crisis since the Great Depression, than it assigns the U.S. government.
Alleged scam involved telemarketers who cold-called timeshare owners seeking closing costs for fake deals.
Standard & Poor’s is giving a higher rating to securities backed by subprime home loans, the same type of investments that led to the worst financial crisis since the Great Depression, than it assigns the U.S. government.
Securities backed by everything from auto loans to credit card debt and equipment leases that plummeted after the collapse of Lehman Brothers Holdings Inc. in 2008 are proving among the most stable in this month’s credit- market slump.
Federal prosecutors are broadening their crackdown on telemarketers pitching bogus time-share deals, accusing three more operatives of bilking $30 million from more than 22,000 victims across North America and Puerto Rico.
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