WASHINGTON -- Spurred by the crisis in the home mortgage industry, Congress is readying a slew of proposals aimed at changing some lending practices and helping financially distressed homeowners hang onto their homes. ...
I look forward to the promised hearings, but I will await results before passing judgment.
FHA picking up some of the subprime market, IMHO, makes sense.
Countrywide execs need to spend a little quality time with staff from the Bureau of Prisons.