Sunday 05th of February 2012

'Liar Loans' Make a Comeback PDF Print E-mail

Stephane Fitch at Forbes.com writes July 8:

Did you think the housing collapse killed off "liar loans"--those infamous bubble-era mortgages for which people were allowed to get creative in portraying their ability to make the payments? Well, they're back, and that may be a good thing.

To read more, click this link:

http://abcnews.go.com/Business/mortgage-surprise-liar-loans-make-comeback/story?id=11110951&page=1

 

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