There are lots of proposed remedies to prevent another mortgage catastrophe like the one we're going through now. Most of the suggestions I've seen won't fix the loopholes that allowed so many borrowers to take on mortgage loans they couldn't afford. -
Brokers in the Fast-and-Loose Lane? Run Their Licenses.
There are lots of proposed remedies to prevent another mortgage catastrophe like the one we're going through now. Most of the suggestions I've seen won't fix the loopholes that allowed so many borrowers to take on mortgage loans they couldn't afford.-
By Michelle Singletary