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Dutch defends no-money-down mortgages

Amsterdam

PRINSENGRACHT 199 in Amsterdam boasts a gourmet kitchen, a bath with canal views and vaulted ceilings. The price tag is 1.6 million euros (S$2.6 million), but it could be yours for no money down.

Seven years after a global financial crisis was sparked by lax lending rules...

sentifi.com

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