October 19, 2007 |
Industry in Need of Common-Sense Lending
Amy Wyeth, Reporter
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| Among those in attendance at the Mortgage Bankers Association’s 94th annual Convention and Expo are: (from left) Brian Montgomery, commissioner of the Federal Housing Administration; Thomas P. Cronin, vice chairman of Shelton-based Clayton Fixed Income Services; and Michael McQuiggan, chief executive officer of Lake Forest, Calif.-based Tri-Emerald Financial Group. The MBA event was held earlier this week in Boston. |
By Amy Wyeth
Back to basics. A struggling subprime mortgage industry that lost its way trying to outdo competitors, even though it knew the financial risks were great ...
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