Subprime Wolves Feeding On Bailout

  • Playlist
  • Download
  • Embed
    <iframe src="" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Many people blame the subprime mortgage crisis for the current financial crisis. BusinessWeek reports that the subprime wolves are back to feed on a new prey, the bailout. Robert Berner, co-author of the article, says the Federal Housing Authority has resumed the old practice of lending to home buyers of modest means. Madeleine Brand also talks to FHA commissioner, Brian Montgomery, who responds to the allegations.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from