In the past few days, the coverage of the subprime mortgage issues and their effect on the overall credit market has exploded. But today, the issue made the national scene after Democratic presidential candidates unveiled their plans on how to solve this problem.
According to a prominent story on CNNMoney, the recent mortgage problems have "made it to prime time" with several presidential candidates weighing in on what is the right solution for this situation. Senators Clinton, Dodd and Obama have all unveiled their plan on how to reform the mortgage industry to ensure that this no longer happens. For the record, no one in their right mind would argue that the mortgage industry doesn't need a thorough reform. But what's being suggested as the way to go about this reform is oversimplified (to use a kinder term)...
Read the full story from the In My View Blog
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