Wednesday, December 19, 2007

Schumer Brookings Speech: 4 Myths About Subprime Lending.

[Title Correction]
Delivered today. Includes these "Myths"
HERE.
  1. The Myth of Vastly Expanded Home Ownership from Sub prime Lending.
  2. The Myth of the Unqualified Borrower.
  3. The Myth that Borrowers Can Easily Obtain Perfect Knowledge of Own Loan Terms.
  4. The Myth that the Free Market Alone Will Fix Everything.

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