LA Times

Making it Rain? Not so Fast! Banks Ease Lending Requirements, But New Mortgage Rules Will Manage Some Risk

By Joanna England / June 25, 2013 / 0 Comments

Interesting story in the Los Angeles Times. According to their business desk, banks are easing lending restrictions and lending more freely, using “creative financing,” which could bring more risk to the market. The story, which talks about “piggyback financing” and other risky mortgage loans, says that with higher prices comes more risk in housing finance. […]

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