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Subprime lenders are a solid business right now, because credit losses aren't a concern, Jim Cramer said on CNBC's "Stop Trading" segment Wednesday.
Even so, companies such as Accredited Home Lenders (LEND Quote) have stumbled as competition has eroded their margins.
"What hurt them was not the credit quality but that Bear (BSC Quote) moved into the game and Merrill (MER Quote) moved into game," he said. "It's a margin-shred story." ...
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