An Associated Press article tries to put a human face on the foreclosure crisis facing thousands of homeowners, but makes the mistake of characterizing subprime lending as a “new” industry.
Giving the subprime problem a human face
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Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.