The Subprime Mortgage Loan Crisis has contributed significantly to the Economic Collapse in the United States. Concerning a lack of regulation by the Fed (that many believe led to this crisis): From CBS in 2010, Greenspan: Subprime Mess Not Fed’s Fault [Quote] Alan Greenspan defended his tenure Wednesday as head of the Federal Reserve before [...]
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Homeowners with ARMs [or Adjustable Rate Mortgages] could be in a position for major financial relief from their lenders if they’re in a predatory mortgage loan! Whether you’re in a “subprime” loan or not, if you’re feeling financial distress and facing foreclosure or just tired of seeing your payments go up and your property values [...]
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