The Subprime Crisis--the Path to Helping Borrowers Lies in the Truth

Pardes, Robert M.
March 2008
Mortgage Banking;Mar2008, Vol. 68 Issue 6, p119
An essay is presented on the subprime market crisis in the U.S. It suggests measures to help overextended homeowners who are perceived as victims of the subprime debacle. The author admits that there is no easy solution to avoid the effect of the subprime crisis. However, he stresses the market could avoid extending the duration of the crisis if its participants, regulators and political leaders cooperate in finding practical solutions.


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