All Posts Tagged With: "loans"
Did One Mortgage Regulator Get It Right?
For months, Sheila Bair, head of the Federal Deposit Insurance Corporation, has been saying that there’s an instant solution to the mortgage meltdown that can prevent massive numbers of foreclosures. Not a perfect solution, but a solution. Her idea? Freeze toxic loans at their original interest rates. Writing in the New York Times, Bair says [...]
20Aug2008 | Peter G. Miller | 0 comments | Continued
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