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On 7-Jun-2005, "Grover C. McCoury III" <gcmccoury@yahoo.com> wrote:
> Interest-Only Mortgages, Popular in California, Raise the Stakes in Real
> Estate
> By MICHAEL LIEDTKE
You left out the paragraph below. WHY?
U.S. banking regulators are so concerned they're considering new guidelines
for lenders to guard against taking on too much risk, said Steve Fritts,
acting deputy director of the FDIC's Division of Supervision. "There are
people who are pushing the envelope," he said.
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Warmest regards,
Steve Horrillo, Realtor | Trainer | Hypnotherapist
http://brokeragenttraining.com(Advanced training for real estate
professionals)
http://over100percent.com(Realtors earn over 100 percent)
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