Monday, October 24, 2005

When Good Borrowers Get Bad Loans

October 24, 2005
THE NATION
More Homeowners With Good Credit Getting Stuck With Higher-Rate Loans
By Mike Hudson and E. Scott Reckard, Special to The Times

Low interest rates and aggressive marketing campaigns have driven home lending to record levels. But increasingly Americans with good credit are being saddled with loans designed for high-risk borrowers.
Read The Full Los Angeles Times Article Here