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Tag: New York Times. The Fed on Foreclosure New York Times

The Fed Finally Shows Its True Colors as to Homeowners and Foreclosure Crisis

In Monday’s The New York Times editorial The Fed and Foreclosures, The Times finally took the Fed to task. They wrote: “There are two sides to every delinquent loan – a lender who made a bad lending decision and a borrower who cannot repay. Yet banks have never acted as if they bear any responsibility for the mortgage mess.” The […]