Back To The Early 90’s…

(From Philly.com, Philadelphia Inquirer)
More than a year after the subprime-lending collapse, mortgage brokers on the front lines are still contending with a blitz of industry changes that are making it harder for them to earn a living.
“It’s like being punched in the back every time you turn around,” said Michael Dougherty, managing partner at privately [...]

…Like Rosie O”Donnell Being a Bond Girl

 
(From Forbes.com, by Maurna Desmond)
One of the things that made the American subprime crisis a crisis was the availability of mortgages to borrowers with dubious credit histories. Turns out that some of the middlemen arranging the mortgages were — and still are — temporarily boosting borrowers’ credit scores, passing off risky bets as worthy investments for the [...]