“Up to 4% of America’s mortgaged homeowners might lose their homes to foreclosure in coming months” Indymac…
“A media firestorm is ahead, he warned, and one target is the newer, more aggressive lending practices that lenders call “exotic” or “non-traditional.”‘
“John M. Robbins, chairman and CEO of American Mortgage Network of San Diego, said reform would be his priority as the mortgage bankers’ chairman in 2007.”
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