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Loan Modification

: The Truth About Mortgage.com

Report: Subprime Lenders that Sparked Crisis Received Bailout Money

By scot184

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The days of solely blaming subprime lending for the housing collapse are far behind us (I hope), but the risky, high-cost lending certainly played a hand in the mortgage crisis. The Center for Public Integrity released an interesting report documenting the actions of so-called ?mega-banks,? which supported such lending that set off a global economic meltdown. Unsurprisingly, [...]

Full post as published by The Truth About Mortgage.com on May 07, 2009 (boomark / email).

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