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Sunday, December 3

Home Equity Loans - KeyCorp sells unit to exit subprime-loan business




Columbus Dispatch - Champion, based in Parsippany, N.J., issues home-equity loans and other mortgages in 26 states, mostly to customers labeled as subprime because they have weak credit ratings. The division employs about 600, mostly in Parsippany, said Jill Arslanianf



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