There is some good information in this piece. However, it is not very balanced, and barely mentions the role of regulators, or consumer education, in combating predatory lending.

Most news accounts focus more on the affects of this issue on "the market" rather than these marginal homeowners who face an uncertain future. More in-depth analysis of the startling developments in our banking and financial systems is needed, but this is an excellent introduction to the subject.

Bunko works by titilating the victums own starry eyed greed. What's better than "free" money? Borrowing against your own capital appreciation on your home? What could ever go wrong? We're fixin' to find out. Dos "highfalutin" loan sharks wearin' dos coats & ties in dem big tall buildin's