Mortgage Woes May Be Tip Of The Iceburg
“For some, the lesson learned is: ‘buyer beware.’ But a series of interviews with subprime borrowers, mortgage lenders, appraisers, current and former regulators, and the inspector general of the Department of Housing and Urban Development paints a different picture — of a widespread pattern of questionable lending practices and outright fraud that has already sparked a wave of criminal and civil actions.” Read more at this MSNBC article Mortgage Woes Could Be tip of the Iceburg