Social Security Jitters? Better Prepare Now If you are worried about the future of Social Security, [more] For Savers, It Was Hardly a Lost Decade By RON LIEBER Published: January 1, 2010 It was the age [more] New Rules Ease Roth Conversions, but Benefits Vary Don’t be surprised if your broker calls in the next [more] ...more news»
Sign up below to receive our email notifications!

Seven New Rules for the First-Time Home Buyer (NY Times)

By: NY Times - Your Money

Too many people bought too much house for too many years.

Yes, the financial system almost collapsed because mortgage bankers and brokers told lies about loan terms and loosened standards in dangerous ways, and investment bankers packaged those loans into bonds that were far more toxic than ratings agencies predicted.

Read the full article here:

http://www.nytimes.com/2009/09/12/your-money/mortgages/12money.html?_r=1&em