Perspective: Better underwriting offers benefits to consumers
The federal government has stepped into a battle between banks and borrowers and for once, the government is on the right track: New stricter loan guidelines should be applied not just to interest-only and payment-option adjustable-rate mortgages, but also to an entire category of esoteric and extremely complicated loan products.
read more: http://www.inman.com/hstory.aspx?ID=61762
Monday, January 29, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment