In an Aug. 27 story about subprime mortgage woes in India, The Associated Press erroneously reported that the chief financial officer of India's Mphasis Ltd. said his company, which processes mortgages for U.S. firms, may cut jobs because of a decline in work orders from American clients. The executive said the outsourcing sector, not his company, could see layoffs.
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[Source: Yahoo! News Search Results for mortgages]
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