Monday, September 29, 2008

Subprime Mortgages - C-span

Very interesting video

Panel members talked about the future of subprime mortgages using Edward Gramlich's book "Subprime Mortgages: America's Latest Boom and Bust" as the point of conversation. They debated the pitfalls of subprime lending, as well as possible solutions to problems such as increased foreclosure rates and the use of variable rates on loans instead of fixed annual percentage rates. They answered questions from the audience.

Subprime Mortgages - C-span

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