Relevant:
- Many concerned about impact of proposed new rule to boost mortgage down payments to 20 percent
- Fannie Mae breaks rules to foreclose on unsuspecting homeowners
- US SEC plan boosts mortgage-backed securities rules
- "Astonishing" That Big Banks Are Taking Taxpayer Money, Writing the Rules, Warren Says
- Bush Readies Mortgage Aid Plan
2008-12-01 — yahoo.com
"The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
