Yesterday it was announced that President Obama intends to help people get home loans who have "weaker credit" as a way to help improve the rates of homeownership. According to the Washington Post: The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in … [Read more...]
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