More On Subprime Mortgage Lending

For those interested in the current problems in the subprime mortgage lending industry, (be sure you have the most recent version of the Real Player media player) watch the following C-Span TV interviews (no longer available online):

• C-Span's Washington Journal interview with Doug Duncan, Chief Economist with the Mortgage Bankers Association, who offers his views on the subprime market, and
• C-Span's Washington Journal's interview with Michael Crittenden, Congressional Quarterly, Reporter, who discusses how federal regulators and legislators are looking at more oversight in the subprime mortgage market as well as reaction from the Federal Reserve and other banking regulators and members of Congress.

For more on the troubled subprime lender New Century Financial Corporation, see:

• Ohio Moves to Shut Down New Century Financial, and
• Subprime Lender On Verge Of Bankruptcy

For other stories related to the trouble in the subprime mortgage lending industry, see:

• When mortgage workers are axed; watch your back (The Journal News - no longer available online) - Argent Mortgage Company's branch in White Plains, NY lays off hundreds of employees.
• How Sub-prime Crisis Could Hurt Home Sales (Realty Times)
  

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