Relevant:
- Link between mortgages and Wall Street securities rewarded risky loans, panel told
- Why more homeowners aren't getting help
- Homeowners entangled in loan scheme
- Blame us, the lending industry and Wall Street, we DESERVE it, NOT the distressed homeowner.
- Most subprime lenders weren't subject to federal lending law
2007-05-27 — nwherald.com
"The rapid growth of subprime mortgages that made so many people homeowners did more than promote questionable lending. It rewarded the gimmickry and manipulation that delivered the loans that an industry craved."
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