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August 7, 2008
DISB Commissioner Thomas E. Hampton Discussing Subprime Loans in the District

(Washington, DC) — Subprime loans in the District of Columbia disproportionately went to single, low- and moderate-income households in wards 4, 5, 7 and 8, according to a recently completed study on subprime mortgage lending and foreclosure, commissioned by the DC Department of Insurance, Securities and Banking (DISB).