08-12-2007, 07:19 PM
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#11 (permalink)
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| Incoming!
Join Date: Jan 2006 Location: deleting posts in issues
Posts: 5,579
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Originally Posted by raycarey 2. how exactly did bush 'win' agreement? | Quote: |
Although Mr. Bush unveiled the plan at the White House on Thursday, its terms were set by the mortgage industry and Wall Street firms. The effort is voluntary and it leaves plenty of wiggle room for lenders. Moreover, it would affect only a small number of subprime borrowers.
| In Mortgage Plan, Lenders Set Terms - New York Times |
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