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"Liar loans" threaten to prolong mortgage crisis

 
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Kithlish
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Joined: 28 Apr 2006
Posts: 4803

PostPosted: Wed Aug 20, 2008 12:13 pm    Post subject: "Liar loans" threaten to prolong mortgage crisis Reply with quote

<table border=0 width= valign=top cellpadding=2 cellspacing=7><tr><td valign=top class=j><font style="font-size:85%;font-family:arial,sans-serif"><br><div style="padding-top:0.8em;"><img alt="" height="1" width="1"></div><div class=lh><a href="http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.newsday.com/services/newspaper/printedition/wednesday/business/ny-bzliar205808141aug20,0,6940650.story&cid=1238453562&ei=ggqsSPiDBZLgyQT69-WtBg&usg=AFQjCNFijei8bR-FcDLNGo0SVbnJvokmBQ">"Liar <b>loans</b>" threaten to prolong <b>mortgage</b> crisis</a><br><font size=-1><font color=#6f6f6f>Newsday,&nbsp;NY&nbsp;-</font> <nobr>5 hours ago</nobr></font><br><font size=-1>"They're heavily concentrated in states where home prices are plummeting" such as <b>California</b>, Florida, Nevada and Arizona. Many homeowners with liar <b>loans</b> <b>...</b></font></div></font></td></tr></table>

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