The Story Behind the Mortgage and Housing Meltdown

The Story Behind the Mortgage and Housing Meltdown

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A longtime mortgage banker and financial industry insider talks about the real root causes of the mortgage and housing meltdown and how the government's failures and Wall Street's greed enabled the collapse, as well as the other players that contributed to the crisis.The three-digit credit score number was all anyone seemed to need and made anyone equipped with it an instant expert on loan quality. ... The automatic transmission has pretty much replaced the manual version for cars in America, too, but it is roundly arguable as to ... areas: a™c Payment history: 35% a™c Total amounts owed: 30% a™c Length of credit history: 15% a™c New credit: 10% a™c Type of credit in use:anbsp;...

Title:The Story Behind the Mortgage and Housing Meltdown
Author: Kenneth Clark
Publisher:AuthorHouse - 2010-08

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