subprime lending mess: My Solution to the Lending Mess---An Open Letter to The Nation's Top Banks - 08/02/07 01:56 AM
Dear Top 25 Residential Lending Banks--- As you know, we are in a mess. A downright mess. Foreclosures are at an all-time high in many areas. Most housing markets are depreciating. Millions of homeowners are facing the recast of their adjustable rate mortgages. They cannot refinance out of them so they will watch their payment skyrocket (15 comments)
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