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gruffydd

Crackdown On Lenders Urged By State And Fed Lawmakers

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http://www.forbes.com/feeds/ap/2007/08/27/ap4056760.html

NEW YORK - State and federal lawmakers are calling for a crackdown on unscrupulous mortgage firms, saying that "predatory" lending practices have fed a growing national wave of foreclosures affecting millions of people with subprime home mortgages.

Mmmm, wonder how many Brit politicians will make the same kind of demands :ph34r:

Edited by gruffydd

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http://www.forbes.com/feeds/ap/2007/08/27/ap4056760.html

NEW YORK - State and federal lawmakers are calling for a crackdown on unscrupulous mortgage firms, saying that "predatory" lending practices have fed a growing national wave of foreclosures affecting millions of people with subprime home mortgages.

Mmmm, wonder how many Brit politicians will make the same kind of demands :ph34r:

Said horse has well and truely bolted - may as well shut the stable door!

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http://www.forbes.com/feeds/ap/2007/08/27/ap4056760.html

NEW YORK - State and federal lawmakers are calling for a crackdown on unscrupulous mortgage firms, saying that "predatory" lending practices have fed a growing national wave of foreclosures affecting millions of people with subprime home mortgages.

Mmmm, wonder how many Brit politicians will make the same kind of demands :ph34r:

...they appointed the FSA to take care of this.....are they doing it.......?....bit late now.... :o:o:o

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