Summary
RE THE LETTER, "REAL REASON FOR FOREclosures," July 1: The letter writer argues that the enormous increase in mortgage foreclosures has
come about because lenders have made mortgages available to more people, as if nothing can be done to prevent the losses of so many family homes. That is far from correct.See the full content of this document
Extract
Lenders Need to Do More for Borrowers
While the "loosening of guidelines" has allowed predatory lenders to ...
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