Tag Archives: poor prospects

Mortgage Loans Remain A Threat To Bank Stability

The Justice Department under Barack Obama is still pushing banks to extend loans to select minorities with bad credit. Banks are unique among businesses. They can’t invest their money as they see fit. Instead, they have to abide by the … Continue reading

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Mortgage Brokers Unhappy With Mortgage Loan Reforms

Mortgage brokers got much of the bad press for our housing downturn. They were accused of selling mortgage loans to people with poor prospects of repayment. Mortgage brokers don’t have a skin in the game of mortgage lending. They get … Continue reading

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