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The Mortgage Market: What Happened? URL: http://www.npr.org/templates/story/story.php?storyId=9855669 Description: This April 2007 article provides an overview of how, as "nationwide real-estate boom of recent years goes bust, economists and regulators are questioning the role that mortgage lenders played in helping to create an overheated housing environment." Includes discussions of risky loans and types of adjustable-rate mortgages (ARMs), growth in subprime lending (loans to borrowers with poor credit), and unethical practices. From National Public Radio (NPR). LII Topics: Housing, Investing, Mortgages, Mortgages Author: Trehan, Veena Publisher: National Public Radio (NPR) LII Database Information: Record 24271 created by Maria Brandt on 08/07/2007 Last modification on 08/13/2007 Published: 08/15/2007 Funding agency: California State Library LII Item ID: http://lii.org/cs/lii/view/item/24271 |
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