Reckless lending puts financial system at peril. The same thing happened. We have market watch dog, Bank Examiners and Auditors. Though it is there since the last four to five years o may be more, peoplemerrily allowed to push growth and thereby making money on the stock markets. Who ia accountable for all this? What happened to "Whistle Blowers?.
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I found this article balanced. The author just reported the information and allowed the reader to come to his or... [MORE]
Jeffre Powell, Certified Mortgage Planner
Nov 11, 2007 11:00
Congress is considering legislation to hold the Lender liable for loans made to borrowers that fail. The legislation is saying... [MORE]
Prof. Samuel D. Bornstein
Oct 27, 2007 22:31
Reckless lending puts financial system at peril. The same thing happened. We have market watch dog, Bank Examiners and Auditors....
prasad
Oct 27, 2007 04:16
Congress is considering legislatiion to hold the Lender liable for loans made to borrowers that fail. The legislation is saying... [MORE]
Prof. Samuel D. Bormstein
Oct 26, 2007 22:58
Why use the misnomer "correction" to describe the housing bear market. Housing is in a multi-year bear market that will... [MORE]
David Shulman
Oct 26, 2007 15:29
Pupils of the 7th and 8th Grades of America's Public School Systems should become proficient in the financial operation of... [MORE]
Claude Bogardus
Oct 26, 2007 10:58
Credit bureaus require individuals to obtain long-term debt like mortgages and lines of credit to improve their credit scores so... [MORE]
Jim
Oct 26, 2007 10:16
Your suggestion that mortgage originators be capitalized to hold a percentage of their loans in portfolio is excellent. World Savings... [MORE]
Laurent Baptiste
Oct 26, 2007 08:16
Boo hoo. Bad investments made by greedy businessmen on mortgages entered into by uninformed buyers who weren't qualified to begin... [MORE]