boise real estate
03-27-2007, 09:45 AM
The high-risk mortgage market is under fire from Congress to do something about rising forclosures among homeowners unable to meet high payments. Federal regulators said they lacked full authority to prevent the crisis spawned during the housing boom of 2003-2005. The issue took on on an increasingly political complexion, with politicians, consumer advocates, and communities activists clamoring for Congress to act.