Thursday, February 08, 2007

ResponsibleLending.org - "Preserving the American Dream: Predatory Lending Practices and Home Foreclosures" (2-7-07)

"U.S. Senate Committee on Banking, Housing and Urban Affairs Martin Eakes, CEO, Center for Responsible Lending & Self-Help Credit Union
February 7, 2007"

"The subprime mortgage market today is a quiet but devastating disaster. The ultimate effects are very much like Hurricane Katrina, as millions of citizens lose their homes and the fabric of entire communities is threatened."

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