House Poor: Pumped Up Prices, Rising Rates, and Mortgages on Steroids: How to Survive the Coming Housing Crisis

The United States Congress is re-visiting the mortgage banking laws, with the idea of further regulation of the lending industry. Consumers are experiencing financial problems from excess borrowing. Should lenders not allow borrowers to take mortgages that aren’t suitable for them? Should lenders who do allow it held liable? This series of articles from Mortgage 101 will attempt to answer the question “should lenders be liable for mismatched home loans?”

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