Tighter lending rules could backfire
Part 1 of 2: Can feds make mortgages more affordable?
By Jack Guttentag, Sunday, June 24, 2007.(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 of them look as if they never should have been made.
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Copyright 2007 Jack Guttentag
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