It’s just one exchange between a loan applicant and a bank loan officer, but it speaks volumes about how the housing bubble was inflated so wildly and so quickly. Whatever happened to “truth in lending”?
Continue reading The Making of a ‘Liar’s Loan,’ With Help From the Loan Officer
The Making of a ‘Liar’s Loan,’ With Help From the Loan Officer originally appeared on DailyFinance on Tue, 18 Jan 2011 17:20:00.