Today, there are numerous examples of how Wall Street’s money and expertise have helped transform subprime lending into a major force in the U.S. financial markets. The mortgage lenders claim they are proud of their role in helping provide credit to consumers who might otherwise have been unable to buy a home, and proud of the controls they have brought to a sometimes-unruly business. Now, however, that business is in deep trouble, and some consumer advocates and policy makers are pointing the finger at Wall Street. Roughly 13% of [tag]subprime loans[/tag] stand in or near foreclosure, bringing turmoil and sometimes eviction to tens of thousands of homeowners. Dozens of lenders have gone out of business. Reverse Mortgages For Dummies

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