THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING
Richard Peiser

The dangers of overreacting to mortgage crisis

By Richard Peiser
December 18, 2007

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AS THE FALLOUT from the subprime mortgage crisis continues to grow, millions of borrowers are in danger of losing their homes. Predatory lenders are being blamed for encouraging borrowers to take on mortgages that they could not afford. Crackdowns on predatory lending are certainly appropriate. All borrowers, including subprime borrowers, should be protected from lending practices that reward mortgage originators ... (Full article: 727 words)

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