Congress Unlikely to Reform Root Cause of Economic Crisis

Not long after foreclosures started to take off in 2007 and the mortgage market’s collapse began to cripple the economy, one lesson seemed obvious: The predatory lending practices that led to the crisis had to be reined in. Full Story »

Posted by Derek Hawkins
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Posted by: Posted by Derek Hawkins - Jun 8, 2009 - 8:11 PM PDT
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Edited by: Derek Hawkins - Jun 8, 2009 - 8:11 PM PDT

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3.7
by Derek Hawkins - Jun. 8, 2009

Detailed report on delay in Congress on mortgage reform. Highlights the rift between key members of Congress and housing activists, with an obvious favoritism for the latter.

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5.0
by W. MacKenzie - Jun. 9, 2009
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