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View Full Version : Regulator Says Mortgage Aimed at Elderly May Be Risky - Bloomberg



NewsWhore
06-09-2009, 06:21 AM
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Regulator Says Mortgage Aimed at Elderly May Be Risky (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601213%26sid%3DawPlC3t65GTk&cid=1257431714&ei=TTouSov5FuGdlQfR2PTDBQ&usg=AFQjCNHpApSG9mZ1wrUEUTD7BzL7l6gHRA)
Bloomberg
By Margaret Chadbourn June 8 (Bloomberg) -- Comptroller of the Currency John Dugan said a type of mortgage sold to older homeowners may pose the same risk as subprime loans, and that his agency was slow to act as rising foreclosures led the market to ...


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