Banks Increasingly Forced To Buy Back Bad Mortgages

Mortgage Failure: Who Should REALLY Pay?

If nobody does their job right, and disaster ensues, who should pay for the sins of all?

That is the predicament now confronting the mortgage industry, where it has become clear that many billions of dollars in home loans were sold, guaranteed and rated as safe without anyone bothering to examine whether the loans were made with due regard for the rules.

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