Thursday, March 29, 2007

Risky Mortgages: Homeowners Need A Safer Alternative To Risky Mortgages

Risky Mortgages: Homeowners Need A Safer Alternative To Risky Mortgages: "Concerned that high-priced, high-risk mortgages are hurting low- to moderate-income borrowers, Assistant Secretary for Housing - Federal Housing Commissioner Brian Montgomery today reaffirmed the need to modernize the Federal Housing Administration (FHA) and give homeowners a better alternative to exotic high-cost mortgages. "

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