Have policy makers learned the wrong lessons from the mortgage crisis? A new paper suggests that theres been a rush to judgment against mortgage product features such as interest-only payments and pre-payment penalties, or fees charged for paying off a mortgage before a specific date. Michael Lea, the director of San Diego State Universitys Corky McMillin Center for Real Estate, examined ...
Report: Interest-Only Loans Unfairly Blamed for Mortgage Crisis
Posted by mortgage 595 days ago (Editorial)
Who Voted for this Story
Mortgage How to Get is an informational resource about mortgage news and information.
Comments