Tighter lending rules could backfire

Part 1 of 2: Can feds make mortgages more affordable?
Published on Jun 25, 2007

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by CareyBot

(This is Part 1 of a two-part series. Read Part 2, “Sky-high loans get borrowers out of trouble.”) Case histories of subprime loans that have gone to foreclosure often generate righteous indignation. With benefit of hindsight, many if not most ...