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Charles R. Morris on the Madness of Bankersnew

Millions of words have been written about the ongoing financial disaster largely caused by the subprime mortgage mess. But the most concise and easiest to understand handbook on the issue is almost certainly Charles R. Morris' The Trillion Dollar Meltdown.
The Texas Observer  |  Robert Bryce  |  08-27-2008  |  Author Profiles & Interviews

Helping People Out of the Subprime Crisis, Without Foreclosurenew

Three years ago, Lisa Peterson and her husband got into trouble with their own home payments after a publishing venture failed. They had to turn to family for help. The experience gave them an idea for a new business: help people protect their credit and avoid foreclosure, either by renegotiating their loans or buying and reselling their houses.
Isthmus  |  Mary Ellen Bell  |  05-12-2008  |  Housing & Development

Home Sales Down, but Prices Are Up: Blame it on the Credit Crunchnew

After the bottom fell out of the subprime mortgage debacle, lenders started to look at potential borrowers with greater scrutiny. Gone are the days of borrowers with weak credit snagging mortgages with no money down. Yet higher-priced houses are still moving because better-off buyers have an easier time getting loans.
C-Ville Weekly  |  Scott Weaver  |  04-23-2008  |  Economy

Oregon Leaders Offer Little Help to Mortgage Crisis Victimsnew

The state's powerful Democrats have ignored a mortgage bill that state Sen. Ben Westlund is putting together with three consumer advocacy groups -- AARP Oregon, OSPIRG and Our Oregon.
Willamette Week  |  Nigel Jaquiss  |  01-16-2008  |  Housing & Development

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