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Mortgage Meltdown Burns More Than Just Buyers

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Mortgage Meltdown Burns More Than Just Buyers

Mortgage Meltdown Burns More Than Just Buyers

Mortgage Meltdown Burns More Than Just Buyers

  • Download
  • <iframe src="https://www.npr.org/player/embed/9010581/9010582" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

For years, lenders offered easy loans to home buyers who didn't have the best credit. Now, with mortgage rates rising and payments ballooning, many of those buyers can't afford their own houses.

GUESTS:

Jennifer Ordonez, with Newsweek magazine

Ellen Schloemer, director of Research at The Center for Responsible Lending