Video: As Subprime Mortgage Troubles Grow, National Taxpayer Group Warns Government Bailouts Won't Help - Instead, ... (PR Newswire via Yahoo! News)
Story date: 2007-10-19 03:57:00
Added on: 2007-10-19 21:00:21
In recent months, barely a day has passed without news or commentary on the growing number of delinquencies and foreclosures in the market for subprime mortgages -- that is, higher-interest loans to lower-income borrowers. With stories of homeowners facing the loss of their homes, some policymakers are pressing for government intervention in the market. Is federal assistance required or will it ...
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